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West Virginia Lottery Finishes Fiscal Year Above Estimates

7/25/2013

CHARLESTON, W.Va. – West Virginia Lottery Director John Musgrave informed lottery commission members today that the West Virginia Lottery ended Fiscal Year 2013 with sales that were 16.7% above estimates, totaling nearly $1.33 billion.

“We are happy that we were able to meet all of our obligations and finish the fiscal year with a surplus of $77.8 million for the state,” Musgrave said. “Our estimates had a decrease built in because of anticipated increased competition from surrounding states and some of that competition has not fully developed yet.”

Limited video lottery totaled $399.2 million, racetrack video lottery totaled $165.7 million, traditional lottery sales (instant and online) totaled $195.6 million, table games totaled $70.3 million and historic resort revenue totaled $7.6 million for fiscal year 2013.

According to Musgrave, the Lottery’s overall transfers to the state included an estimated $155.5 million to education, $52.8 million for senior programs, and $45.8 million for tourism.

Since its inception in 1986, the West Virginia Lottery has generated more than $7.4 billion for state programs.

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Notice: The West Virginia Lottery strives for accuracy in reporting of winning numbers, however we cannot be responsible for complete accuracy of information due to the possible unauthorized entries and edits of our material.

EARL RAY TOMBLIN, GOVERNOR
JOHN C. MUSGRAVE, DIRECTOR, WEST VIRGINIA LOTTERY