The Arkansas Scholarship Lottery (ASL) saw sales hit $62,935,697 in January, setting a new monthly record and further increasing its net proceeds for scholarships.
During the first seven months of Fiscal Year 2021, the lottery raised more than $57.6m for scholarships, with $10.9m of that occurring in January, the third-highest in the lottery’s history.
Since 2009, the ASL has helped fund more than 600,000 scholarships with more than $1bn in net proceeds.
Director J Eric Hagler said: “We are on track to reach or exceed our FY21 net proceeds goal of $78.2m.
“Under the leadership of Governor Hutchinson and the Department of Finance and Administration and along with our staff, we have worked hard to continue to operate as lean as possible and have been maximizing every opportunity to enhance proceeds responsibly, which is our mission.”
Last month, instant ticket sales were the second-highest monthly sales in ASL’s history at $42,637,196, while Cash 3 sales were also the second-highest monthly total at $976,581.
Meanwhile, Cash 4 and Fast Play games sales hit the highest for one month in the lottery’s history at $553,234 and $2,059,297, respectively.
Since 2009, the lottery has awarded more than $3.5bn in prizes to players, about $302m in commissions to retailers and more than $141m in state and federal tax revenue.