Georgia Lottery. What’s the Numbers?
I’ve always figured the lottery was pretty big money. I don’t mean winning it. (Oh but if I did…..whoops, that’s another topic) I mean how much money it generates. It boggles the mind to say the least.
Just take a look at some of these numbers:
- $29 BILLION in ticket sales, 2000-2009
- $1.8 BILLION in tickets provided as prizes
- $16 BILLION in prize payouts 2000-2009
- $7.8 BILLION funding for education 2000-2009
- $1.9 BILLION paid in cash commission and bonuses to Lottery retailers
And of course, you gotta spend money to make money, right? So $189 million on advertising (those billboards don’t come cheap) and $87 million for merchandising. That’s some serious money as well.
Georgia Lottery funds go to HOPE scholarships for one thing. It’s nice to know that from 1993-2009 there were 90,824 HOPE students at Univeristy of Georgia alone.
So, there are lots of people playing the lottery for that “chance”. And it certainly shows in the numbers.