State Lottery Generates Record Net Income, Increases Revenue To Support K-12 Students
CHICAGO – As it gears up to celebrate its 50th anniversary next year, the Illinois Lottery is celebrating the highest net income generated in its history, fueled by a historic number of jackpots surpassing $1 billion in Mega Millions and Powerball. The Lottery today announced record net income of $882 million for fiscal year 2023 ending June 30, 2023, which is a 5.7% increase over last year and eclipses every prior year. Mega Millions and Powerball revenue grew by approximately 53%, or $70 million, over the prior year. This growth represents 8% of the net income for the year. “When Illinoisans buy a lottery ticket, they aren’t just taking a chance at winning millions — they are directly contributing to our state’s education system,” said Governor JB Pritzker . “I couldn’t be happier to join the Illinois Lottery team in celebrating a record-breaking year with $882 million in net income. From supporting our K-12 students to providing
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