Florida Lottery growth continues to boom
FeaturedFlorida Politics

Florida Lottery growth continues to boom

482
0
5SHARES

The lottery business in Florida that fund education continues to boom, as The Lottery Revenue Estimating Conference in Tallahassee announced that its scratch-off game revenues are $50 million over their projected fiscal year 2019-2020 estimates.

According to officials, most of the Lottery’s sales growth is coming from the new $10 scratch-off ticket offered by Scientific Games, the company that develops and prints all of the scratch-off games.

Officials said their sales growth averaged 5.2% in the 16 weeks prior to the release of the new scratch-off ticket and is now up to close to 9% in the weeks following the

Trending: Mucarsel-Powell questions Trump’s hurricane preparedness

As reported, the Florida Lottery in 2018 pumped in $1.7 billion in education funding with $900 million coming from instant game sales. The Conference announced that the FY 2018-2019 numbers were $1.9 billion invested in education.

5SHARES
Tagged:

Javier Manjarres is a nationally renowned award-winning South Florida-based political journalist owns Diverse New Media, Corp. which publishes Floridianpress.com, Judicialpost.com, shark-tank.com, and Hispolitica.com He enjoys traveling, playing soccer, mixed martial arts, weight-lifting, swimming and biking. He ran as a Republican in the 2018 congressional primary race in Florida's CD 22. Javier is also a political consultant, and has also authored "BROWN PEOPLE," which is a book about Hispanic Politics. Learn more at www.brownpeople.org Email him at [email protected]

Screen Shot 2019-09-08 at 4.30.59 PM
FeaturedInternationalMarco RubioNational Politics
Rubio says Europeans “want to bribe” Iran with $15 billion
Florida Senator Marco Rubio is calling out European nations France and Germany over [...]
stephanie murphy
donald trumpFeaturedFloridaFlorida PoliticsMarco RubioNational PoliticsPresident Donald Trump
FL Blue Dog Democrat Murphy Rails Against Trump Betrayal of Kurds
Florida's Democratic leadership has criticized President Trump’s decision of removing [...]
Screen Shot 2019-03-22 at 9.56.15 AM
FeaturedFlorida Politics
Smokable marijuana hits the market