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State lottery metes out aggregate $1 billion

By The Associated Press

This article was published February 20, 2013 at 7:03 a.m.

— The Arkansas Scholarship Lottery has reached a milestone: It has now given away $1 billion in prizes since it began selling tickets in 2009.

The lottery said Tuesday that it gave away its billionth dollar Monday, after selling tickets for 3 years and 5 months.

Overall, gamblers have bought $1.5 billion in tickets, $321 million of which has gone to college scholarships to Arkansas students.

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Displaying 1 - 4 of 4 total comments

Leapster says... February 20, 2013 at 9 a.m.

So if I understand the numbers correctly, 67% (1 of 1.5 billion) of sales went to prizes, 21% (321 mill) went to scholarships, and 12% (179 mill) is left for administration, advertising and salaries. Is it worth it? Draw your own conclusions.

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CitizenEngineer says... February 20, 2013 at 11:46 a.m.

Yup Leapster... it's ridiculous! But it's for the scholarships, right? Which of course need to be cut due to ticket sales coming in below projections! Unbelieveably ridiculous!

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Populist says... February 20, 2013 at 12:31 p.m.

Many kids are going to college who otherwise could not afford to go. Yes, it was worth it.

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Leapster says... February 20, 2013 at 1:24 p.m.

Yes many kids are going to college who otherwise could not afford to go -- and the cost goes to those in many cases who can least afford it. Watching those who buy tickets at my local convenience store, it appers they can least afford it -- or shouldn't. And the U of A, Ark Dept of Ed, the Gov and Legislature have no reason to figure out how to lower costs. It all works out so nicely.

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