Thursday, January 18, 2018

Tennessee lottery celebrating 14 years
Tennessee Lottery officials are celebrating the lottery's 14th anniversary, and reporting that the program has raised $4.4 billion for education programs along with a record-setting second quarter. "The results we have achieved have funded more than a million scholarships and grants and now help make possible the Governor's Drive to 55 initiatives along with so many other education programs," says Rebecca Hargrove, the Lottery's president and CEO. The Tennessee Education Lottery sold it's first tickets on Jan. 20, 2004. Officials say that since the Tennessee Education Lottery began, the program has seen: * Nearly $17.5 billion in gross ticket sales. * More than $12.1 billion paid out to players. * Retailers received more than $1.1 billion in commissions to retailers for the sale of lotto tickets and scratch-off tickets. * And the Tennessee lottery had 228 winning tickets worth $1 million or more. Since the first college scholarship awards began going to qualified students, under the Tennessee Promise program, lottery-funded programs now include multiple scholarships and grants as well as an after-school program and energy efficiency grants for K-12 schools. Last year the program was expanded to adults with the ReConnect program. A portion of lottery reserves are placed in an account to fund the Tennessee Promise and ReConnect programs, to help high school graduates and adults to attend two-year colleges and technical schools tuition-free.


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