Income and Apportionment of State-Administered Lottery Funds

Income and Apportionment of State-Administered Lottery Funds 1992-1994



(Thousands of dollars)

 
                       Income --
                     ticket sales                               Proceeds
                       excluding                 Admin-   available from
                     commissions      Prizes    istration   ticket sales
 
 
1994  TOTAL US         26,588,320  15,296,376   1,542,857     10,119,378
1994  Colorado            269,355     167,749      27,422         74,184
 
1993  TOTAL US         23,452,977  13,274,023   1,403,977      8,774,977
1993  Colorado            247,575     147,955      28,381         71,239
 
1992  TOTAL US         19,733,008  10,744,035   1,192,076      7,796,897
1992  Colorado            224,920     125,025      23,677         76,218
 
 
 

• Total Ticket Sales: Gross amounts received from the sale of lottery tickets or games, before deduction for cost of lottery tickets and prizes. Excludes commissions allowed to merchants for selling the tickets or games;
• Prizes Awarded: Total value of prizes awarded during the fiscal year, whether actually paid out or incurred. Includes "instant winners," lotto jackpots to be paid as annuities, funds transferred to prize reserves, and the like;
• Administrative Expense: The cost of administering the lottery, except for prizes. Includes salaries of officials as well as advertising, supplies, and the like. An identical amount is reported as an expenditure under Financial Administration;
• Proceeds Available: The net funds available after deducting the costs of prizes and administration .

Source: State Government Finance Data, by State U.S. Census Bureau.