Cuomo is ignorant and induliting
nassau itb must be open every day of the year like the vlt s and the ny lottery
For Immediate Release: May 10, 2017
lee.park@gaming.ny.gov
lee.park@gaming.ny.gov
NY Video Lottery Revenue Sets Record $2 Billion in Net Win
Combined Lottery Sales & VLT Net Win Contribute to Near-Record $9.67 Billion with $3.27 Billion for Schools
The New York State Gaming Commission announced today that New York Lottery sales and Video Lottery Terminal (VLT) net win in Fiscal Year 2016/17 generated a near-record amount with a combined total of $9.67 billion in revenue, including a new record for VLT net win.
All profits go directly to Aid to Education for New York’s public schools – meaning the New York Lottery earned $3.27 billion for distribution to all school districts in the state.
“As the New York Lottery celebrates its 50th anniversary this year, it’s fitting that the numbers prove that New Yorkers continue to support the continent’s most profitable Lottery,” said Gweneth Dean, Director of the Commission’s Division of the Lottery. “For the past five decades, the New York Lottery has broken record-after-record to help taxpayers and students across the state. We will continue to innovate and deliver fun and exciting ways to play Lottery games while maximizing revenue to support education.”;
VLT net win again broke records with another 0.5 percent on top of last year’s $1.98 billion for a total $2 billion. This past fiscal year, machines at Resorts World Casino New York City generated an additional $8.2 million over the previous year and Empire City Casino at Yonkers Raceway brought in another $20.9 million on top of FY 2015/16.
Traditional lottery games generated $7.68 billion in sales, keeping on track with last year’s record of $7.7 billion. This encompasses draw games such as Mega Millions, Powerball, Cash 4 Life, Lotto, Numbers, Win 4, Take Five, Pick 10, Quick Draw, and Instant Games.
Draw game sales held their own with $3.68 billion in FY 2016/17 against last year’s record-setting numbers $3.79 billion.
Instant games, also known as “scratch-offs” grew another 2.3 percent over last year’s record-breaking numbers, with $4 billion in FY 2016/17 as compared to $3.91 billion in FY 2015/16.
The FY 2016/17 Year-End Review may be found here. A district-by-district breakdown of the Aid to Education distribution can be found here.
About the New York Lottery
The New York Lottery continues to be North America’s largest and most profitable Lottery, contributing $3.27 billion in fiscal year 2016-2017 to help support education in New York State. The Lottery’s contribution represents approximately 14 percent of total state education aid to local school districts.
New York Lottery revenue is distributed to local school districts by the same statutory formula used to distribute other state aid to education. It takes into account both a school district’s size and its income level; larger, lower-income school districts receive proportionately larger shares of Lottery school funding.
Join the New York Lottery’s 50th Anniversary!
The New York Lottery turns 50 this year! Help us celebrate North America’s most profitable Lottery:
· Join us at Albany’s Empire State Plaza on the Lottery’s 50th Birthday on Friday, June 16, 2017 at 12:15 p.m. for a special celebration, including live midday Numbers and Win 4 drawings with Yolanda Vega, giveaways, promotions and much more!
· More celebrations will take place at the Great New York State Fair in August.
· Beginning June 1, 2017: All eligible draw game and scratch-off tickets can be entered into the 50thAnniversary Sweepstakes through the New York Lottery Players Club or on the Players Club mobile app (iTunes / Google).
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Maggie Fuller
Digital Information Officer
New York State Gaming Commission
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