KS Lottery transfers $163.7 million to the state in fiscal year 2018

Only slightly less than the record set in 2016

July 13, 2018 - 5:42 am
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On Wednesday in Topeka at their monthly meeting The Kansas Lottery reported to the Kansas Lottery Commission that in Fiscal Year 2018 the Lottery nearly matched the all-time combined transfer record for traditional lottery and casinos.

Total revenue transferred to the State through the sale of traditional lottery games was $74.7 million.  Revenue transferred from the four casinos with state-owned and state-operated gaming totaled $89.0 million.

That's a total of $163.7 million transferred to the State in Fiscal Year 2018, only slightly below the record combined transfer of $163.9 million in Fiscal Year 2016.

Traditional lottery sales in fiscal year 2018 was $283.2 million,  4.35 percent ahead of last year’s sales.

Included in the traditional lottery Fiscal Year 2018 transfer is over one million from the sale of special $1 and $2 Veterans Benefit instant scratch tickets. Proceeds from the sale of Veterans tickets are directed to state programs that provide benefits to Kansas Military veterans.  

The $89.0 million transferred to the State from state-owned casino gaming includes revenue from four casinos.  This was the first full fiscal year of operation for the Kansas Crossing Casino near Pittsburg which opened March 29, 2017.

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 Fund.

The State’s share of revenue from state-owned casino gaming is used for reduction of state debt, state infrastructure improvements, and reduction of local sales tax, and/or for other purposes as directed by the Kansas Legislature. 

NOTE: All revenue figures are unaudited.

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