BATON ROUGE, La. (August 15, 2024) – The Louisiana Lottery Corporation ended its fiscal year with nearly $642.8 million in revenue, making 2024 the Lottery’s second-best year ever. Resulting transfers to the state treasury for K-12 public education were almost $205 million, about $13.4 million better than the state anticipated.
“The Lottery team is proud to have topped $600 million in sales for the third time in our 33-year history!” said Lottery President Rose Hudson. “We’re equally proud to have delivered nearly $205 million to the state treasury to support K-12 public education. We remain committed to innovating and providing exciting games and experiences for our players while continuing to generate significant returns for Louisiana.”
Scratch-offs continued to be the top seller in the Lottery’s game portfolio, ending the year at $311.7 million, which is about half of the Lottery’s sales.
Over the last couple of years, the Lottery began adjusting scratch-off game prize structures, increasing prize payouts, adding additional higher price-point games and launching new types of games with one-of-a-kind experiential prizes. This strategy has been well received by players, resulting in net gains for the state.
Sales of the Lottery’s daily numbers games, Pick 3, Pick 4 and Pick 5, were the second highest revenue generator, ending at approximately $141.7 million for fiscal year 2024.
Fourth quarter revenue figures for fiscal year 2024 totaled $148,837,917 with $50,809,985 being transferred to the state treasury.
“The Lottery team is proud to have topped $600 million in sales for the third time in our 33-year history! We’re equally proud to have delivered nearly $205 million to the state treasury to support K-12 public education."
The Lottery's total fiscal-year state transfers reached $204,831,766. Since the Lottery began operations in 1991, more than $13.5 billion in revenue has been generated, primarily from ticket sales. Nearly $4.8 billion has been transferred to the state treasury, amounting to about 35% of total revenue.
In addition to state coffers, local businesses that sell Lottery products also benefited from the Lottery in fiscal year 2024. Fourth quarter retailer compensation totaled $8,327,306, including sales commission, incentives for cashing winning tickets and bonuses for selling big winning tickets; this brings fiscal-year total earnings to nearly $35.7 million. Since the Lottery’s inception, retailers have earned over $744 million.
Lottery ticket purchasers must be at least 21 years of age. The Lottery encourages anyone with a gambling problem, or friends of anyone with a gambling problem, to call toll-free 1-877-770-7867 for assistance. Recent financial statements and historical treasury transfers can be found on the Lottery’s website, louisianalottery.com.
Since its inception in 1991, the Louisiana Lottery has fulfilled its mission of maximizing revenue for the state of Louisiana while upholding the highest standards of integrity and public trust. To date, it has transferred nearly $4.8 billion to the state for K-12 public education. For the latest news on the fun and games the Lottery offers, visit our website, like us on Facebook, follow us on Twitter and Instagram, and check us out on YouTube. Please remember to keep our games fun by playing responsibly. Download our complete Media Kit or Fun Facts about the Lottery.