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Hoosier Lottery giving state $312 million in profits

Posted at 6:25 PM, Sep 03, 2019
and last updated 2019-09-03 18:30:14-04

INDIANAPOLIS — The Hoosier Lottery is turning over $312 million in profits to the state of Indiana this year. That's a jump of 2 percent from a year ago.

A report presented to the Indiana Lottery Commission Tuesday showed that lottery ticket sale revenue grew about 6 percent to 1.34 billion in 2019.

Lottery officials say $312 million is a record amount being transferred to the state, but it remains below the original goal of $410 million by 2018, set when the commission hired a private company in 2012 to run most of Indiana's lottery operations.

Most of Indiana's lottery proceeds go toward reducing auto excise taxes and boosting pension funds for teachers, police officers and firefighters.

According to Sarah Taylor, Hoosier Lottery executive director, 72 percent of the lottery's revenue was generated by scratch-off games and 28 percent was from draw games, including Powerball, Mega Millions, Hoosier Lotto, Daily 3 and Daily 4.

“As envisioned by the Lottery Commission, adding the skills and expertise of an international gaming company to our own excellent team continues to produce great results for the State of Indiana," Taylor said.