News

July 2, 2003

MISSOURI LOTTERY SALES JUMP 21 PERCENT, SET NEW RECORD

MISSOURI LOTTERY SALES JUMP 21 PERCENT, SET NEW RECORD

Missouri Lottery sales in fiscal year 2003 broke all previous sales records by climbing 21 percent higher than the previous fiscal year’s sales.   The fiscal year ended on June 30, and total fiscal year sales were $710,016,551*.

"Despite significant budget cuts, we had a great year," said Jim Scroggins, executive director of the Missouri Lottery.  "Strong Scratchers and Powerball sales and a new Club Keno game helped the Lottery offset the cuts."

Scroggins said the fiscal year 2003 sales increase can be attributed to:  high Powerball jackpots, including a record Powerball jackpot of $314.9 million on Dec. 25, 2002; a larger variety of Scratchers games, including $10 Scratchers tickets; $42 million in sales from the new Club Keno game; and successful product promotions.

More than $435* million in prizes were awarded to Missouri Lottery players during the past fiscal year.  Eight Missouri Lottery players became millionaires, winning jackpots ranging from $1.4 million to $19.6 million.  In all, $40.5 million in jackpot prizes were awarded.

Fifty-seven Missouri Lottery Powerball tickets worth $100,000 were sold in Missouri, and 21 SHOW ME 5 Paydown tickets worth $50,000 tax paid were sold during fiscal year 2003.

In addition, record sales in fiscal year 2003 translated into record proceeds to Missouri’s public education programs.   During fiscal year 2003, the lottery topped the $2 billion proceeds mark when it transferred $193,940,550* to the Lottery Proceeds Fund to benefit various public education programs.

Scroggins said that while lottery proceeds continue to increase and are a significant source of income, the funds only make up approximately 3 percent of education’s total annual budget.

"In these tight times, every dollar counts," he said.

SALES BY PRODUCT

                                                         FY03                        FY02              

Lotto                                              $28,737,526*         $27,030,491                                             

Pick 3                                            $53,572,505*         $51,785,842                     

Pick 4                                            $16,158,004*         $15,292,249                                             

SHOW ME 5 PD                          $22,665,747*         $22,714,933                                             

Powerball                                     $125,505,535*       $121,474,897                                             

Club Keno                                      $42,587,074*           $3,124,386                     

Scratchers                                     $395,652,386*       $316,397,488                     

Pull Tabs                                         $25,137,774*         $27,368,968                     

Total                                             $710,016,551*       $585,189,254                                            

FISCAL YEAR SALES HISTORY

FY03                        $710,016,551*

FY02                        $585,189,254

FY01                        $508,301,104

FY00                        $507,845,586

FY99                        $513,251,456

FY98                        $494,298,761

FY97                        $439,592,300

FY96                        $422,530,945

FY95                        $411,664,824    

FY94                        $350,518,546

FY93                        $256,675,345

FY92                        $220,359,753

FY91                        $216,240,866

FY90                        $223,367,147

FY89                        $199,202,382

FY88                        $147,761,618

FY87                        $174,081,815

FY86                        $206,990,610

Total:                       $6,587,888,863*

* unaudited (estimated) figures







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