Kansas Lottery sales set new record in FY2014
Published on -7/18/2014, 3:58 PM
Special to The Hays Daily News
TOPEKA -- The Kansas Lottery set a new record for sales of traditional lottery products in Fiscal Year 2014. Lottery sales in Fiscal Year 2014 (July 1, 2013 - June 30, 2014) were $246,409,087 (unaudited). That was just ahead of the previous record of $246,144,512 set in Fiscal Year 2012 and up nearly $1 million from last year.
"We are very grateful to our players for helping us achieve a record year," said Kansas Lottery Executive Director Terry Presta. "Recognition also goes to the Kansas Lottery staff and lottery retailers across the state, who work hard every day to provide fun and exciting entertainment for our players. We're already looking forward to next year with its new games and opportunities."
Presta, who became Kansas Lottery executive director in January, especially was pleased with the healthy increase in sales of instants and pull tabs.
One of the brightest spots in the numbers is a new yearly record for Kansas Lottery Veterans Benefit games. From the sale of the special $1 and $2 scratch tickets, the lottery transfered a record $1,795,054 directly to state programs that provide benefits to Kansas military veterans.
The Kansas Lottery paid out $139,758,403 in prizes in FY14, and paid its approximately 1,800 retailers $14,055,664 in commissions.
Together, the traditional Kansas Lottery and state-owned and state-operated casino gambling generated $152.2 million in transfers to the state in Fiscal Year 2014. Of that, $74.3 million came from traditional lottery operations, and $77.9 million was generated casino gaming.
Fiscal Year 2014 saw the second full year of operations for both Kansas Star and Hollywood Casino at Kansas Speedway. Boot Hill is in its fifth year. In addition to $77.9 million in total transfers to the state from the casinos, $10.6 million went to local units of government and $7.06 million to the Problem Gambling & Addictions Grant Fund.
Traditional lottery revenue goes into the State Gaming Revenues Fund. On a yearly basis, the first $50 million is divided by a formula that first transfers $80,000 to the Problem Gambling and Addictions Grant Fund. Then 85 percent of the balance is transfered to the Economic Development Initiatives Fund, 10 percent to the Correctional Institutions Building Fund, and 5 percent to the Juvenile Detention Facilities Fund. Any receipts in excess of $50 million must be transferred to the State General Fund.
The Economic Development Initiatives Fund supports state programs that create and retain jobs in Kansas. Those programs include the Rural Opportunity Zones Program, programs of Kansas Department of Wildlife and Parks, Aviation Training and Equipment at Wichita State University and many more.
Proceeds from the sale of the Kansas Lottery's Veterans games go directly to programs that benefit Kansas military veterans such as the Veterans Enhanced Service Delivery Program which brings services to veterans where they live, National Guard scholarships and Kansas Veterans Homes.
The 2007 Kansas Expanded Lottery Act created the Expanded Lottery Act Revenues Fund. The state's share of revenue from casinos is transferred from the ELARF for purposes of reduction of debt, infrastructure improvements and reduction of ad valorem tax; or for other purposes as directed by the Kansas Legislature, such as Kan-Grow Engineering Funds at state universities and the reduction of unfunded actuarial liability of the Kansas Public Employees Retirement System.