The Arkansas Scholarship Lottery has recently announced record revenue of $114.77 million for the fiscal year ending June 30th, 2020. This marks the highest revenue generated in the lottery’s history, surpassing the previous record of $111.3 million in the 2018 fiscal year.
The Arkansas Scholarship Lottery was established in 2009 and has since become a major source of funding for college scholarships in the state. Since its inception, the lottery has generated over $1.2 billion in revenue, with over $1 billion of that going towards college scholarships. This record-breaking revenue will help to provide even more scholarships for Arkansas students.
The Arkansas Scholarship Lottery offers a variety of games, including scratch-off tickets, Powerball, and Mega Millions. The lottery also offers a variety of promotions and special events throughout the year. In addition to providing scholarships, the lottery also helps to fund other important programs in the state, such as public education, health care, and economic development.
The Arkansas Scholarship Lottery is an important source of funding for college scholarships in the state and its record-breaking revenue is a testament to its success. This revenue will help to provide more scholarships for Arkansas students and fund important programs in the state. With its continued success, the Arkansas Scholarship Lottery will continue to be an important source of funding for college scholarships and other important programs in the state.