Michigan Lottery sales reach record $2.6B
Lansing — Michigan Lottery ticket sales have reached a record $2.6 billion in the 2014 budget year.
The lottery said Thursday that 2014 is the 10th straight year of sales over $2 billion. Sales reached about $2.48 billion in 2013. The lottery says higher sales were due primarily to an increase in instant games this year.
The sales record also led to record commissions for the lottery’s nearly 11,000 retailers. Commissions totaled roughly $190 million this year, a nearly 6 percent increase from 2013.
Prizes awarded to players reached a record $1.59 billion, up from $1.49 billion in 2013.
The lottery contributed about $740 million to the state School Aid Fund in 2014.