|By Marketwired .||
|August 21, 2014 02:13 PM EDT||
PHOENIX, AZ -- (Marketwired) -- 08/21/14 -- The Arizona Lottery reports a record-breaking $724 million in sales, a 4.5 percent increase over the previous fiscal year, and the highest amount in the Arizona Lottery's 33-year history.
Lottery beneficiaries received more than $175 million in net funding during the year. As a result of revenues for beneficiaries increasing 33 percent over the past five years, fiscal year 2014 marks the fifth consecutive year that every beneficiary designated by the Arizona Legislature received full funding.
Lottery dollars support a wide variety of programs under four main pillars: education, health and public welfare, economic and business development, and the environment, benefitting cities and towns throughout all of Arizona's 15 counties.
Players received a huge payout with nearly $460 million in Arizona Lottery prizes, including 17 winning tickets each worth $1 million or more.
Arizona Lottery retailers big and small earned more than $48 million in commissions during the year from the sale of Lottery tickets, also a record amount.
"Generating essential funding for important state programs, while benefitting the state's retailers, speaks to the Lottery's commitment to enrich the lives of all Arizona residents," said Jeff Hatch-Miller, executive director of the Arizona Lottery. "We are proud to report record-breaking sales for the seventh consecutive year and are already working toward surpassing this record by introducing innovative games to engage new audiences, while continuing to provide a wide range of choices for our core players."
Director Hatch-Miller credits much of fiscal year 2014's success to a surge in Scratchers® sales, which totaled more than $483.9 million for the year. The introduction of the popular Lucky Life Scratchers series greatly contributed to the year's strong ticket sales.
The addition of the new All or Nothing draw game and a revamp of Mega Millions® also contributed to fiscal year 2014's financial success. All or Nothing is the first Arizona Lottery draw game offering players the chance to win $25,000 twice daily, Monday through Saturday, by matching all or matching none of the drawn numbers. The Mega Millions game was redesigned in October to have larger starting jackpots, faster-growing jackpots, a $1 million second prize and better odds of winning any prize -- all for the same price of $1 per ticket.
In fiscal year 2015, the Arizona Lottery plans to introduce additional new games, beginning with the September launch of $185 Million Cash Explosion, a new Scratchers ticket that offers the highest payout ever for a $20 Arizona Lottery ticket.
Players must be 21 years or older to purchase or redeem tickets. Winners have 180 days from the drawing date to claim their prize at an Arizona Lottery office or by mail. Overall odds vary by game. All sales are final. In accordance with the ADA, these materials may be made available in an alternative format. Gambling Problem? Call 1.800.NEXT STEP (1-800-639-8783). Please Play Responsibly. Scratchers® is a registered service mark of the California Lottery.
About the Arizona Lottery
The Arizona Lottery operates entirely from the revenue it generates through the sale of its products; it receives no General Fund dollars from the State. Proceeds from sales of Lottery tickets -- nearly $3.4 million per week -- fund a variety of state programs. Since July 1981, the Arizona Lottery has paid out more than $5.8 billion in prizes to players, more than $3 billion in net funding to the state and more than $686 million in commissions to retailers. Learn more at ArizonaLottery.com.
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