MIDDLETOWN — The Pennsylvania Lottery finished fiscal year 2013-14 with $3.8 billion in sales, dedicating $1.08 billion in net revenue to support programs benefiting older Pennsylvanians.
Fiscal year sales were $99.9 million, or 2.7 percent, above the previous year and prior sales record of $3.7 billion. Net revenue grew by $14.1 million, or 1.3 percent, over the previous year and prior record.
The Lottery paid nearly $2.4 billion in prizes in 2013-14, an increase of $77.7 million over the previous year and a new all-time record. More than 62 cents of every Lottery sales dollar was returned to players in the form of prizes, and 76 Lottery players won prizes of $1 million or more last year.
The Lottery’s more than 9,100 retailers, many of them family-owned small businesses, earned $202.4 million in fiscal year 2013-14, an increase of $6.3 million over the previous year.
By law, the Lottery had to return at least 27 percent of ticket sales revenue to the Lottery Fund to pay for programs benefiting older Pennsylvanians last year. It returned 28.5 percent for senior programs, the lowest percentage of sales revenue, yet highest dollar amount in the history of Lottery.