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Record Lottery Dividend Check Presented To Idaho Residents
Boise, Idaho - The Idaho Lottery is returning a record breaking dividend to the state. It’s the tenth time the lottery commission has returned a record breaking amount to the people of Idaho. Today’s announcement came during a ceremony with Governor C. L. “Butch” Otter as the Idaho Lottery Commission presented him with a check for $48,200,000 – the largest dividend in the 24 year history of the Lottery.
This year’s record amount was an increase of nearly $7 million over last year’s previous record, a 16.1% increase, and is earmarked to benefit the Department of Education, the State’s Permanent Building Fund, and the Bond Levy Equalization Fund.
With today’s announcement, the Idaho Lottery also reached three additional milestones. Overall total sales have eclipsed the $2.5 billion mark, the Lottery has awarded $1.5 billion in prizes to players, and since beginning operations on July 19, 1989, with this year’s dividend amount the Idaho Lottery has now returned $600,500,000 to the citizens of Idaho.
The Idaho Lottery’s beneficiaries also have received record amounts this year. Governor Otter presented the State Department of Education’s Chief of Staff Luci Willits with a check for a record $18,075,000. These monies are earmarked for the Department of Education’s School District Building Fund.