Florida Lottery achieves record-breaking sales and profit figures

Florida Lottery has announced its latest financial results for FY2021, revealing it has achieved record-breaking sales of $9.07bn.
Image: Shutterstock

Florida Lottery has announced its latest financial results for FY2021, revealing it has achieved record-breaking sales of $9.07bn. 

The Sunshine State lottery expects more than $2.2bn in contributions to the state’s Educational Enhancement Trust Fund, which would be a best-ever figure.

In January, ticket sales exceeded $239.8m for the week ending January 17, setting the record for the highest sales week on record of any lottery in the US.

Scratch-off sales contributed to the FY2021 success with the figure reaching $6.8bn, in which every single week saw sales of over $100m. 

Since the lottery’s inception, it has awarded more than $6.8bn in Bright Futures scholarships to more than 880,000 students in Florida. This year’s results allow more students to access higher education and take the lottery’s contribution to the community up to $39bn.

Florida Lottery Secretary, John F Davis, said: “The lottery’s sole mission is to maximise revenues for the enhancement of public education.

“This year’s contributions to education have exceeded $2bn for the first time in the lottery’s 33-year history – a feat we are incredibly proud of.

“I want to thank our retail partners, loyal players, and dedicated employees who remain committed to ensuring Florida continues to be among the very best lotteries in the nation.”