A MESSAGE FROM GARY GRIEF, EXECUTIVE DIRECTOR, TEXAS LOTTERY COMMISSION
On Jan. 11, 2013, the Texas Lottery announced that revenue transfers to the Foundation School Fund surpassed the $15 billion mark. With the December revenue transfer of $96.7 million, the total amount generated by the Texas Lottery for the Foundation School Fund since 1997 is now $15.08 billion.
$15 billion for Texas education is a truly remarkable achievement that we are very proud of. I want to thank and congratulate everyone who helped us reach this significant milestone – our players, our retailers, our vendors and our staff.
And there’s more good news to share on top of that. After a record-setting fiscal year in 2012, The Texas Lottery’s 2013 fiscal year sales through the end of December are exceeding the 2012 sales pace by $130.8 million or 10.2 percent, and current transfers to the Foundation School Fund exceed the previous year’s transfers by $36.7 million or 11.8 percent.
All of us at the Texas Lottery recognize and appreciate our responsibility to generate revenue for Texas and we continue to strive to increase funding for public education. We constantly pursue the use of technology and innovations to enhance the products we provide to customers and to reduce our operating expenses.
On behalf of the Texas Lottery, thank you for your support.