Florida Lottery growth continues to boom
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Florida Lottery growth continues to boom

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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

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.

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Javier Manjarres is a nationally renowned award-winning political journalist. Diverse New Media, Corp. publishes Floridianpress.com, Hispolitica.com, shark-tank.com, and Texaspolitics.com He enjoys traveling, playing soccer, mixed martial arts, weight-lifting, swimming, and biking.Javier is also a political consultant and has also authored "BROWN PEOPLE," which is a book about Hispanic Politics.Learn more at www.brownpeople.orgEmail him at [email protected]