Texas Lottery shatters records with $5 billion in sales

Comment #11

helpmewin — Fri, 07 Oct 2016 01:39:02 GMT

They sure have got a lot of my money. Good Job Texas.

Comment #10

LottoAce — Sat, 01 Oct 2016 17:35:14 GMT

I wonder if they will up the lower tier prizes?

I doubt it but they should.

Comment #9

Bleudog101 — Sat, 01 Oct 2016 12:51:46 GMT

Same thing here for casinos; most neighboring states to KY have casinos. Horse folks have tried to get casinos or racinos here as they are hurting...even Churchill Downs. Falls on deaf ears everytime. I'm surprised they have a lottery here and when on-line purchases suddenly appeared it was almost disbelief

Comment #8

rcbbuckeye — Sat, 01 Oct 2016 12:25:35 GMT

Actually there are several in the legislature that wanted to end it. There have always been some in our legislature that are against a lottery. They almost did it a couple years ago, then realized how much money it was generating and backtracked.

Even though they know the state is losing money to OK and LA casinos, there will never be casinos in Texas.

Comment #7

Bleudog101 — Sat, 01 Oct 2016 00:16:04 GMT

Not too long ago I remember some idiot politician in that state wanted to eliminate the lottery altogether.

Comment #6

Stack47 — Fri, 30 Sep 2016 20:17:09 GMT

That is an amazing figure ($5 billion in sales) considering we have a few LP members believing the Texas pick-3 and pick-4 games are rigged because of test drawings.

Comment #5

noise-gate — Fri, 30 Sep 2016 19:38:28 GMT

Californians were pretty skeptical about that as well bobby, the helping the kids part. But it was made clear to the voters when this was put on the ballot that the lottery would supplement the education budget.

Comment #4

bobby623 — Fri, 30 Sep 2016 18:36:44 GMT

You have to wonder if the folks buying those worthless scratch tickets really believe they are helping the kids get something extra. Every lotto dollar deposited in the Foundation bank frees up a dollar the politicians can use for other stuff, like paying high fees to lawyers fighting losing battles with the federal government or putting another state police Trooper at a highway intersection near the border with Mexico.

Comment #3

Todd — Fri, 30 Sep 2016 15:56:29 GMT

I agree, I'd rather see a bigger chunk go to benefit veterans. The Texas state government controls how the lottery money is allocated.

Comment #2

noise-gate — Fri, 30 Sep 2016 15:09:33 GMT

Kids Vets- a winning combination. The minute you start talking about the lottery proceeds flowing into the General fund...

Comment #1

JakpotRetiree2b — Fri, 30 Sep 2016 14:33:39 GMT

$1.37B vs. $14.7M?!?! You'd think they could carve out just a little bit bigger piece of the pie for vets... Sheesh

Texas Lottery shatters records with $5 billion in sales

Lottery Post — Fri, 30 Sep 2016 14:08:14 GMT

The Texas Lottery announced that it has achieved $5.068 billion in sales for fiscal year 2016, breaking the sales record it set just last fiscal year and resulting in a total contribution of $1.392 billion to Texas, the single largest annual transfer of revenue to the state.

In celebration of the record sales and revenue, the Texas Lottery unveiled a new billboard today at an event at Texas Lottery headquarters in Austin.

This is the first time in our history that we have generated more t... [ More ]