Lifestyle

Record-Setting Year for Texas Lottery as Texans Play More During Pandemic

Texans are buying lottery tickets during the pandemic — a lot of them. 

The Texas Lottery announced it achieved $6.704 billion in sales during its 10th-consecutive record-breaking year. This is a $452.5 million increase (7.2%) from 2019, according to the Texas Lottery, and the increase in sales means $1.684 billion goes toward Texas education and veterans

“Never in the 28-year history of the Texas Lottery has a year unfolded quite like Fiscal Year 2020 did, and our success is attributed first and foremost to our hard-working retailers,” said Gary Grief, executive director of the Texas Lottery. “Understanding that nearly all of the 20,000 retail locations where lottery tickets are sold were deemed ‘essential service’ locations, we are proud to close out this fiscal year with a new sales record, and more importantly, provide another record-breaking year of revenue for public schools and veterans’ services in Texas.”

This year’s revenue transfer included $1.661 billion to the Foundation School Fund and $22.2 million to the Fund for Veterans’ Assistance, the lottery’s largest contributions to Texas education and Texas veterans to-date. 

The Foundation School Fund helps Texas school districts pay for teacher salaries, utilities, equipment, bilingual education, special education, gifted and talented education, and career and technical education. 

The Fund for Veterans’ Assistance makes grants available to eligible charitable organizations, local government agencies, and Veterans Service Organizations that provide direct services to Texas veterans and their families.

The Texas Lottery has now contributed more than $25.7 billion to Texas public education and more than $142 million to Texas veterans since the dedication of such funds by the Texas Legislature.

It is hard to know the reason for the increase in lottery sales, but perhaps it is tied to the pandemic’s unemployment and the hope that a gamble might just pay off. 

Although other prizes have been won throughout the year, the popular Lotto Texas jackpot, now estimated at $45.5 million, hasn’t had a winner since mid-January, when a Laredo resident claimed a prize of $17.5 million.

RA Staff

Written by RA News staff.

Recent Posts

Glitter, Grit, And Government: The Drag Show Educating Texas Voters

Every Tuesday night, a downtown Austin dance…

23 hours ago

Millions, Math, And Mayhem In The Lone Star State, Led By “The Joker”

In the spring of 2023, a high-stakes…

23 hours ago

HB 5580 Would Force Sheriffs Into ICE Agreements, Critics Warn of Civil Rights Fallout

On Monday, the Texas House Subcommittee on County & Regional Government heard testimony on House…

1 day ago

Texas State Budget Heads to Closed-Door Negotiations, But Critics Say Texans Are Paying for Partisan Politics, Not Public Priorities

Following its passage by the Texas House last Friday, the $337 billion biennial budget, Senate…

2 days ago

Elon Musk’s Lawyer Runs For Texas AG As Ken Paxton Eyes Senate

John Bash, former U.S. attorney and current…

2 days ago

From Bitcoin To AI: Tech Boom Tests Limits Of Texas Grid

The Texas power grid is entering a…

2 days ago

This website uses cookies.