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Kansas Lottery Transfers $173.6 Million to the State of Kansas in Fiscal Year 2019

in Lottery

“It’s the Kansas Lottery’s mission to engage our players in a fun and secure way while also doing our best to try and maximize a return to the State,” said Kansas Lottery Executive Director Stephen Durrell. “We do that by looking at ways to keep our players interested and excited about our games. The Lottery is continuing to add new games and second-chance promotions that offer unique experiences, and we thank all of our players and retailers for their continued support.”

TOPEKA, KAN. – The Kansas Lottery is pleased to announce it transferred more revenue to the State of Kansas in Fiscal Year 2019 than in Fiscal Year 2018. 

The combined transfer from the traditional lottery and state-owned and operated casino gaming revenue totaled $173.6 million. 

The total revenue transferred to the State through traditional lottery game sales was $74.9 million. Revenue transferred from state-owned and operated casino gaming totaled $98.7 million. Kansas Lottery retailers saw record commissions in FY19 of $17.3 million.

 Traditional lottery sales in Fiscal Year 2019 were $295.3 million. Lottery sales were 9.79 percent higher than in FY18 when sales were $268.9 million. 

“It’s the Kansas Lottery’s mission to engage our players in a fun and secure way while also doing our best to try and maximize a return to the State,” said Kansas Lottery Executive Director Stephen Durrell. “We do that by looking at ways to keep our players interested and excited about our games. The Lottery is continuing to add new games and second-chance promotions that offer unique experiences, and we thank all of our players and retailers for their continued support.”

 A portion of proceeds from traditional lottery sales was dedicated to paying for the 272 Lottery vending machines being rolled out to select retailers across the state. The Kansas Lottery avoided interest and financing costs by paying for the vending machines from operating funds.

 “Our vending machine roll-out has been methodical as we try to look for the best retailers to maximize the effectiveness of the machines,” Durrell said. “We look forward to the opportunity for increasing our sales and transfer to the state through vending machine sales. Vending machines offer easier access for our players to find their favorite games and takes the burden off our retailers during times of high retail sales.”

 The Kansas Lottery also transferred a combined $8.3 million to the Problem Gambling and Addictions Grant Fund. The transfer included $80,000 from traditional lottery games and $8.22 million from state-owned and operated casino gaming, as required by state law.

 “The Kansas Lottery values its relationship with the four managers the State contracted with to manage these casinos,” Durrell continued. “The casinos generate millions of dollars for the state and helps the Lottery accomplish its mission by maximizing the State’s revenue.”

 Below is a breakdown of traditional lottery sales and the distribution of revenue from state-owned and operated casino gaming as well as information on where the Lottery money goes.

FY19 Tables

http://fortscott.biz/news/kansas-lottery-revenue-transfers

 

TOPEKA, Kan. (WIBW) -- Revenue from state run casinos and lottery sales are up from last year.

The Kansas Lottery says they transferred $173.6 million to the state in the 2019 fiscal year.

Lottery officials say nearly $75 million of that came from traditional lottery game sales, and $98.7 million was from state owned and operated casinos.

The agency says lottery sales were up nearly 10 percent from last year, and Kansas Lottery retailers saw a record $17.3 million in commissions.

The Kansas Lottery says they think sales will continue to go up thanks to their new lottery ticket vending machines.

Currently, 272 vending machines are being rolled out to select retailers across the state.

https://www.wibw.com/content/news/Lottery-revenue-up-nearly-10-from-previous-year-530290871.html