Ohio Lottery celebrated a historic performance this year as video lottery net wins saw a record $1.4bn transferred to the Lottery Profits Education Fund.
Reporting its full-year financial report for the 12 months ending June 30, the Ohio Lottery revealed total revenues of $5.6bn, exceeding last year’s total revenue by $112m.
This stemmed from $1.3m in video lottery net win, which was earmarked as a key factor in the increased revenues.
Traditional lottery ticket sales amounted to $4.3bn for the period, led by $2.3bn in scratch-off ticket sales. The $20 scratch-off “$300 Million Diamond Dazzler” led with $116.9m in sales. Sales of the Cash Explosion scratch-off reached $604.m, up $25m over the previous year.
Draw games achieved sales of $2.0bn during the latest fiscal year, driven by the ‘growing popularity’ of Keno games, sales of which increased $44.3m YoY.
“I’m proud that we continued to see growth in our sales, and we’re working toward new innovations and exciting additions to our scratch-off category in the coming year,” remarked Ohio Lottery Director, Pat McDonald.
Following promotional costs and payment of prizes to lottery winners, Ohio Lottery was left with $1.4m to transfer to the education Fund.
The Fund, which has received over $29bn from the Ohio Lottery since 1974, supports K-12 education, vocational and special education programs across the Buckeye State