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Valles Caldera

New Mexico Lottery Announces Record-Breaking Transfer to the Legislative Lottery Scholarship Fund

08/15/2016

 

ALBUQUERQUE –The New Mexico Lottery is delivering its highest profits ever. 

“We are excited to announce a return of $46.3 million — approximately $5.2 million more than last year’s return — to the Legislative Lottery Scholarship fund for Fiscal Year 2016,” announced David Barden, New Mexico Lottery CEO.

Barden said the year’s revenues are the result of numerous initiatives that led to an increase in Scratchers™ sales, coupled with Powerball® sales. Without one or the other, the Lottery would not have delivered a record return.

The year’s net sales were approximately $154.3 million, up $17.3 million (12.65%) from last year.  From net sales, players won $84.8 million and retailers earned $10 million for selling tickets and cashing prizes.

Game

FY 2015 Net Sales

(audited)

FY 2016 Net Sales

(unaudited)

$/Percent Change
Scratchers $79,956,000 $83,106,000 $3,150,000/3.94%
Powerball® $27,723,000 $43,322,000 $15,599,000/56.27%
Mega Millions® $11,161,000 $10,509,000 -$652,000/-5.84%
Hot Lotto® $5,997,000 $4,283,000 -$1,714,000/-28.58%
Roadrunner Cash $6,240,000 $7,395,000 $1,154,000/18.50%
Pick 3® $4,622,000 $4,891,000 $270,000/5.83%
QuickstersTM $743,000 $692,000 -$51,000/-6.87%
Monopoly Millionaires’ Club $421,000 $0 -$421,000/-100%
Lucky Numbers BingoTM $154,000 $147,000 -$7,000/-4.34%
Total $137,017,000 $154,345,000 $17,328,000/12.65%

 

The Lottery celebrated its 20th anniversary on April 27. Since 1996, the New Mexico Lottery has raised $700.9 million for education and more than 100,000 students have attended college on Legislative Lottery Scholarships. 

More information about Legislative Lottery Scholarships is available at www.nmlottery.com

 

New Mexico Lottery Gross Revenues and Net Revenues
FY 1996 through FY 2016

                                     GROSS                      NET REVENUES FOR
                                 REVENUES***              PUBLIC EDUCATION***


FY ’96 (*)                    $28.5 Million                          $6.3 Million

FY ’97                         $82.4 Million ↑                    $21.9 Million ↑

FY ’98                         $85.4 Million ↑                    $20.1 Million ↓

FY ’99                         $89.7 Million ↑                     $19.6 Million ↓

FY ’00                       $111.2 Million ↑                     $24.5 Million ↑

FY ’01                       $113.7 Million ↑                     $25.9 Million ↑

FY ’02                       $129.5 Million ↑                     $29.6 Million ↑

FY ’03                       $133.6 Million ↑                     $33.1 Million ↑

FY ’04                       $142.6 Million ↑                     $35.9 Million ↑

FY ’05                       $134.7 Million ↓                      $32.2 Million ↓

FY ’06                       $150.6 Million ↑                     $36.9 Million ↑

FY ’07                       $148.8 Million ↓                      $34.8 Million ↓

FY ’08                       $147.8 Million ↓                      $40.8 Million ↑

FY ’09                       $142.6 Million ↓                      $40.8 Million →

FY ’10                       $143.6 Million ↑                     $43.6 Million ↑

FY ’11                       $135.6 Million ↓                         $41.3 Million ↓

FY ’12                       $133.9 Million ↓                      $41.3 Million  →

FY ’13                      $141.8 Million ↑                    $43.7 Million  ↑

FY ’14                      $136.1 Million ↓                      $40.9 Million  ↓

FY ’15                      $137.1 Million ↑                     $41.1 Million  ↑

FY ’16 (**)                $154.4 Million ↑                     $46.3 Million  ↑


TOTALS (***)          $2.62 Billion                        $700.9 Million

  • Lottery Tuition Fund:  $632,014,057(1996 through FY 2016)
  • Public School Capital Outlay Fund:  $66,553,850 (1996 to 2001)
  • Raised for public education through FY 2016:  $700,880,455(1996 through FY 2016)

(*) represents partial fiscal year

(**) preliminary and unaudited

(***) rounded

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