News Release PDF
DATE: Monday, June 24, 2013
CONTACT: Sally Lunsford 785-296-5708
Kansas Lottery transfers Record $74.5 Million to State in FY13;
Casinos to transfer estimated Record of $79 million
The Kansas Lottery will set a new record for the amount of money
transferred to the State in a single year. The Lottery
transferred $74.5 million from the sale of lottery tickets in
Fiscal Year 2013, bettering last year's record by $2.5
million. It's also estimated that proceeds from the three
casinos with state-owned and -operated gaming will generate an
additional $79 million by the end of the fiscal year, bringing
total combined transfers to approximately $153.5 million.
"It's exciting that this fiscal year marks the Kansas Lottery's
largest contribution to the State since we started selling tickets
in 1987," said Kansas Lottery Executive Director Dennis Taylor. "We
want to thank our players for helping make this record possible. I
also want to thank each of the dedicated staff of the Lottery for
their hard work and commitment to continuous improvement. Their
increasing collaboration, especially over the past six months, has
identified and implemented greater efficiencies that are helping us
significantly lower the Lottery's operating costs."
Fiscal Year 2013 (July 1, 2012 - June 30, 2013) saw the first
full year of operations for both Kansas Star and Hollywood Casino
at Kansas Speedway. Boot Hill Casino is in its fourth year.
Through the end of May, with one more month to go in the fiscal
year, the three casinos have already transferred the State's share
of $72.7 million to the Expanded Lottery Act Revenues Fund.
The $74.5 million transferred to the State from traditional
lottery products includes $1.59 million in profits from the sale of
Veterans Benefit instant games. That's the second-highest
year of transfers since the Lottery began selling veterans tickets
10 years ago. This money provides direct funding for Kansas
veterans' programs and Kansas National Guard scholarships.
Where Does the Money Go?
Traditional lottery revenue goes into the State Gaming Revenues
Fund. On a yearly basis, the first $50 million is divided by a
formula which first transfers $80,000 to the Problem Gambling and
Addictions Grant Fund. Then 85 percent of the balance is
transferred to the Economic Development Initiatives Fund, 10
percent to the Correctional Institutions Building Fund, and 5
percent to the Juvenile Detention Facilities Fund. Any receipts in
excess of $50 million must be transferred to the State General
The 2007 Kansas Expanded Lottery Act created the Expanded
Lottery Act Revenues Fund (ELARF). The State's share of revenue
from state-owned and -operated casino gaming is transferred from
the ELARF for purposes of reduction of state debt, state
infrastructure improvements and reduction of local ad valorem tax;
and/or for other purposes as directed by the Kansas Legislature,
such as Kan-Grow Engineering Funds at state universities and the
reduction of unfunded actuarial liability of the Kansas Public
Employees Retirement System (KPERS).