HomePublicationsNewsletter ArchiveNewslettersVolume 22LOTTERY RELEASES 2015 ANNUAL REPORT, ILOTTERY SALES OF $146.2 MILLION

According to the Michigan Lottery’s 2015 Annual Report, the Lottery generated total revenues of nearly $2.8 Billion in 2015, an increase of 6.8% over the $2.63 Billion revenue reported in 2014. The increase was partially driven by an 11% increase in instant game ticket sales from 2014 to 2015, attributed to the new “multiplier” instant games launched in 2015 and two new $30 instant ticket games. Club Keno, Lucky for Life, and Powerball sales also increased in fiscal year 2015 compared to previous years.

2015 also marked the first full-year reporting period for iLottery games, which were launched in August of 2014, and include a variety of multiple price point instant, keno, multi-ticket, extended and single card games that can be played over the Internet on computers, mobile phones, and tablets. The iLottery program saw a total of $146.2 Million in 2015 sales, generating a net win for the state of $18.5 Million.

Lottery revenues contributed $795.5 Million to the State School Aid Fund, the largest contribution to the fund in history. Revenues from the Lottery are dedicated to the School Aid Fund which provides funds for K-12 education in the state. The Lottery also continued its Michigan Excellence in Education Award Program, which began in September 2014 and provides weekly awards to Michigan teachers with a $500 cash prize and a $500 grant to their school, in addition to a yearly $10,000 prize chosen from among the weekly winners.

According to the report, the Lottery plans to introduce 25 new games in 2016, including draw based and iLottery products.

Click here for the Annual Report.

 

 

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