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Ohio Lottery announces record $1.4 billion in profits

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The Ohio Lottery made record profits in the past year, netting $1.4 billion that will go to the state’s Lottery Profits Education Fund.

The Ohio Lottery brought in $1.4 billion in profits this past year, setting a new record.CLEVELAND, Ohio —

Sales in total were up $112 million for the fiscal year compared to last year, according to a news release from the Ohio Lottery Commission. Profits were up $46 million. The Lottery Commission said it made a lot of changes focused on convenience, including letting players cash out a higher dollar amount on their phones.

The Lottery said it also introduced new scratch-off vending options for bars and restaurants. According to a news release, game dispensing units were installed at more than 450 locations.

 

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Lottery aka the idiot tax

The “education fund” 🤣🤣🤣. Get your kids out of government day-care… I mean school.

Vitterta found that most state legislatures haven't been using the money as additional funding. Instead, it helps pay for their education budget, allowing the states to spend the money that would have been used on education on other things.

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