Kansas Lottery transfers set records

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TOPEKA, KAN. – The Kansas Lottery will set a new record for the amount of money transferred to the State in a single year.  The Lottery transferred $74.5 million from the sale of lottery tickets in Fiscal Year 2013, bettering last year’s record by $2.5 million.  It’s also estimated that proceeds from the three casinos with state-owned and -operated gaming will generate an additional $79 million by the end of the fiscal year, bringing total combined transfers to approximately $153.5 million.

“It’s exciting that this fiscal year marks the Kansas Lottery’s largest contribution to the State since we started selling tickets in 1987,” said Kansas Lottery Executive Director Dennis Taylor. “We want to thank our players for helping make this record possible. I also want to thank each of the dedicated staff of the Lottery for their hard work and commitment to continuous improvement. Their increasing collaboration, especially over the past six months, has identified and implemented greater efficiencies that are helping us significantly lower the Lottery’s operating costs.”

Fiscal Year 2013 (July 1, 2012 – June 30, 2013) saw the first full year of operations for both Kansas Star and Hollywood Casino at Kansas Speedway. Boot Hill Casino is in its fourth year.  Through the end of May, with one more month to go in the fiscal year, the three casinos have already transferred the State’s share of $72.7 million to the Expanded Lottery Act Revenues Fund.

The $74.5 million transferred to the State from traditional lottery products includes $1.59 million in profits from the sale of Veterans Benefit instant games.  That’s the second-highest year of transfers since the Lottery began selling veterans tickets 10 years ago. This money provides direct funding for Kansas veterans’ programs and Kansas National Guard scholarships.

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