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Texas Lottery: States
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This season, the Texas Lottery and the NBA teamed up to launch the new Texas NBA scratch-off game. Throughout the season, Texas Lottery promotions will run during Mavericks, Spurs and Rockets games. Click above to see the calendar of scheduled promotions, and don't forget to play the new Texas NBA scratch-off, available statewide on February 11!
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Texas Lottery Logo How does the Texas Lottery use the money you spend on your favorite games? For every dollar spent on lottery products, an average of 27 cents is transferred to the Foundation School Fund to help pay for the education of young Texans. The Texas Lottery has raised more than $15 billion for the State of Texas. Of that amount, over $10 billion went to the Foundation School Fund.
Draper’s article notwithstanding, the Texas lottery went on to break all records as the most successful start-up in the history of the industry since the states took over the numbers racket from the Mob. But—You Lose Again!—those days are over. The already-formidable odds against winning have been made even more formidable, so that the state can gobble up some of the prize money previously paid to winners. Lottery sales have gone into a death spiral; they are millions of dollars below last year’s, and hundreds of millions of dollars short of the rosy projections made by the Legislature to balance its budget. The amount of revenue received by the state is down accordingly. The only thing worse than a successful lottery, it seems, is an unsuccessful lottery.
As Littwin took over as executive director, Lottery Chairperson Harriet Miers was at first publicly supportive of his efforts, including his decision to conduct a broad investigation to see how many more Texas politicians had been swayed by GTECH money. Even on Sept. 18, 1997, the Dallas Morning News reported that Miers believed "he [Littwin] is doing the right thing for the right reason." She confirmed to the newspaper that Lottery security officials had been dispatched to investigate some 30 current and former state officials, including former Democratic Gov. Ann Richards and Comptroller John Sharp, who was planning to run in the next gubernatorial election.
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Click here THE LOTTERY IS DIFFERENT FROM anything else that the State of Texas does. It is a business, and it cannot be successful unless it is run like a business, with a constant emphasis on the bottom line. A lottery ticket is a discretionary purchase; in contrast to collecting taxes, the state must actively campaign to separate people from their money. Without marketing, a lottery will wither away. Without winners, a lottery will wither away. These are the simple imperatives of the lottery business.
The Texas Lottery transfers $80.9 million in surplus administrative funds to the state's General Revenue Fund, making a total of $812 million earned in the first 15 months. This is nearly $350 million more than the original estimate of Lottery earnings for the biennium.
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