How are Georgia Lottery revenues allocated each year?
What did the Georgia Lottery do last year? How did it spend and disburse its revenues? How much does the CEO make? We've pulled together the answers to these and other questions about the Georgia Lottery.
Georgia Lottery Corporation
250 Williams Street
Atlanta, GA 30303
Director: Margaret R. DeFrancisco
Year Founded: First game sold June 29, 1993
Number of employees: 265
Number of retailers: 7,781
Games available: Mega Millions, Powerball, Decades of Dollars, Win For Life, Fantasy 5, Georgia Five, Cash 4, Cash 3, Instant Games (scratch-off games), Keno.
How are Georgia Lottery dollars spent? 63% to lottery prizes; 25% to the education funds; 7% to retailers; 2% to vendors; 1% to advertising and 1% to operating expenses.
How much money does the head of the Georgia Lottery make? Margaret R. DeFrancisco, president of the Georgia Lottery Corporation, made $353,500 in 2010, according to the Georgia Department of Audits and Accounts. The year before, she received a more-than $200,000 bonus in addition to a base salary of $286,000.
How much did the Georgia Lottery make last year? In 2010, the Georgia Lottery Corporation pulled in revenues of nearly $3.85 billion in sales.
How much money went to HOPE and Pre-K in 2010? The two programs raked in $883.9 million from lottery revenues.
How does the Georgia Lottery rank against other states' lottery programs in terms of amount given to educational programs? The Georgia Lottery ranked fourth nationally in sales in 2010, with only states with larger populations - California, Texas and New York - surpassing Georgia.
Georgia Lottery 2008 Annual Report
Georgia Lottery 2009 Annual Report
Georgia Lottery 2010 Financial Statements