Wisconsin Lottery Sales up Nearly 11 Percent
MADISON, Wis. (AP) -- A new report shows Wisconsin lottery sales increased nearly 11 percent over the past five years.
The Legislative Audit Bureau released a study Tuesday that shows sales grew from $494.7 million in fiscal year 2007-08 to $547.6 million in fiscal year 2011-12.
The report attributes the jump to increase sales of $20 instant games, the addition of the Mega Millions game and an increase in Powerball ticket prices from $1 to $2 in January 2012.
Lottery expenses totaled $391.2 million in fiscal year 2011-12, including $320 million in prices.
The Wisconsin Constitution requires net lottery proceeds be used to provide property tax relief. The report found proceeds provided $708 million in relief from fiscal years 2007-08 through 2011-12.