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Report: Fla. has one of fastest growing lotteries

7:40 AM, Sep 25, 2013   |    comments
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TALLAHASSEE, Fla. (AP) - State officials say that Florida is one of the top growing lotteries in the nation. 

The Florida Lottery announced this week that a new report shows it led the ten largest-selling lotteries in the United States in sales growth during the fiscal year that ended June 30th.

The figures were compiled by a commercial vendor that sells technology and services to lotteries.

The report shows that the Lottery increased sales by $550 million this past year and reached the $5 billion mark.

Since 2011, the Florida Lottery increased sales by $1 billion which is one of the quickest jumps in the Florida Lottery's 25 years of existence.

Profits from the state's lottery goes to public schools and to help pay for college scholarships.

Associated Press

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