Ga. Lottery Shows Record Profits

July 15, 2010  |  

(Atlanta Journal Constitution) — Another good year for the Georgia Lottery meant more money for the state’s pre-kindergarten and HOPE college scholarship programs, but it isn’t enough to keep state officials from worrying about HOPE’s future.

The Georgia Lottery Corp. announced Wednesday that profits increased again during the 2010 fiscal year — providing a dozen consecutive years of growth.

As a result, the lottery increased its payments to the popular pre-k and HOPE programs. During the 2010 fiscal year, which ended June 30, the lottery transferred about $883.9 million — an increase of about $11.7 million, or 1.4 percent, over the previous year.

Read More…

Trending on MadameNoire

Comment Disclaimer: Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN