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More Than $8 Billion in Proceeds to West Virginia Since 1986 West Virginia Lottery Commission Introduction

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More Than $8 Billion in Proceeds to West Virginia Since 1986 West Virginia Lottery Commission Introduction More Than $8 Billion In Proceeds To West Virginia Since 1986 West Virginia Lottery Commission Introduction The West Virginia Lottery continues to serve as an important source of revenue to the State of West Virginia. Since 1986, more than $8 billion in Lottery proceeds have been generated to fund a variety of programs and good causes across the State, with the largest portion of these funds directed by the West Virginia Legislature to support Senior Citizens, Education and Tourism. In fiscal year 2014, Lottery sales totaled $1.2 billion, marking the 12th consecutive year of sales above $1 billion. Despite the challenges of ongoing competition and declining revenue, the Lottery made a significant contribution to the State last fiscal year with $622.5 million in transfers from the Lottery included in the West Virginia State Budget, including $33.1 million in gaming revenue paid to county and local municipalities statewide. The Lottery’s fiscal year-end performance could not have been accomplished without the diligence and hard work of our licensed Lottery retailers, operators, racetrack casinos, the 183 Lottery employees and Lottery players who collectively make this progress possible. Today, the Lottery continues on its mission to operate responsibly with the highest standards of integrity and security to generate revenue for programs that benefit the citizens of West Left to Right: David L. McCormick, Jr, Morgantown; Roy E. Shrewsbury, II, Virginia. Beckley; Micheal A. Adams, Esq, Weirton; William I. Clayton, Vice Chairman, South Charleston; Douglas Bicksler, CPA, Lewisburg; Kenneth L. Greear, Chairman, Charleston. About John C. Musgrave, Lottery Director John C. Musgrave of Point Pleasant, WV, was appointed Director of the West Virginia The Commission was created in 1985 to assist and advise the Director of the Lottery, and to carry on a continuous study of Lottery in April 1997 and has had four consecutive appointments since that time. West Virginia Lottery operations throughout the state. Members are appointed by the Governor with the approval of the Senate. Musgrave brings to the Lottery a strong finance background with more than two decades of public service at the federal, state and local levels. In accordance with state law, the Lottery Commission is required to have seven members comprised of a lawyer, a certified As Lottery Director, he oversees a special revenue agency that generates more than public accountant, a computer expert, a marketing specialist, and one member with not less than five years experience in $1.2 billion in gross sales annually, and provides a profit to the State of West Virginia of more than $620 million to fund programs for senior citizens, education, parks, tourism law enforcement. An additional two members represent the “public at large.” No more than four members may be from the and capital projects. same political party. Unless filling an unexpired appointment, members serve overlapping terms of five years and are eligible On February 1, 2013, Musgrave was appointed Deputy Secretary of Revenue. In this capacity, he now oversees the Lottery, Racing Commission, Alcohol Beverage Control for successive appointments to the Commission. Administration and the Athletic Commission. 1 2 Schools and PROMISE Education West Virginia’s high school seniors entering colleges and universities across the State benefit from lottery dollars through funding of the PROMISE Scholarship Fund. The Lottery provides $29 million annually from limited video lottery revenue to help the program reward West Virginia’s best and brightest students with the opportunity to attend an in-state college or university, tuition free. Since 2002, the West Virginia Lottery has provided $312.5 million to the West Virginia Lottery proceeds improve PROMISE Scholarship Program and in turn given thousands of young West Virginians a college education. the educational experience of West Virginia students from pre-school to college. Since 1986, West Virginia has invested nearly $2.8 billion of lottery proceeds in education. These proceeds $312.5 MILLION $2.8 BILLION have significantly improved West Virginia’s to the PROMISE to Schools public education system by renovating Scholarship Program and building schools through the State and Education School Building Authority, placing Since 2002. since 1986. computers and upgrading technology in classrooms through the West Virginia Department of Education, and providing higher education opportunities for students through funding of the PROMISE Scholarship Program. 3 4 Senior Citizens West Virginia Lottery proceeds have continued to improve the quality of life of West Virginia seniors for more than a quarter of a century. Since 1986, West Virginia has generated more than $933 million in lottery proceeds to help the $933 MILLION West Virginia Bureau of Senior Services meet the nutritional, health, and long-term to Senior programs care needs for tens of thousands of West and services since 1986. $15 MILLION Virginia senior citizens. Lottery dollars to Veterans projects are used to help provide more than two million meals annually at county nutrition since 2000. sites and homes across the state. The funding also is used for senior centers, transportation needs, care giving, matching Medicaid funding for senior services, and to fund a property tax credit The West Virginia Lottery’s instant ticket game, Veterans’ Cash, was created through special legislation in 2000 to help support for seniors. Overall, West Virginia senior West Virginia funding for veterans projects. This initiative has generated up citizens benefited from an estimated to $1 million each year to support a skilled nursing facility and $104.8 million in Lottery revenue in FY Veterans a cemetery for West Virginia’s veterans. In FY 2014, a total of 2014. $512,100 was distributed to support projects for veterans in West Virginia. 5 6 West Virginia Lottery proceeds play a big role in helping West Virginia’s West growing tourism industry. Since 1986, the Lottery has contributed more than $858 million to the West Virginia Division of Tourism. The West Virginia Division Virginia of Tourism receives lottery dollars for a matching grants program that helps support the West Virginia State Park Improvement Fund and the West Virginia Tourism Division of Natural Resources. A total of $52.5 million in lottery proceeds were used to support tourism in FY 2014. Courtesy WV Department of Commerce $858 MILLION For Tourism and Parks Since 1986 Courtesy WV Department of Commerce West Virginia has striking natural beauty and offers a cornucopia of outdoor activities and adventure that brings in world-wide visitors. One of the centerpieces of West Virginia’s State tourism industry is its world-class State Parks System. The West Virginia State Park Parks Improvement Fund and the West Virginia Division of Natural Resources receive lottery dollars for improvements and construction of lodges, cabins, campgrounds, athletic Courtesy WV Department of Commerce Courtesy Courtesy WV Department of Commerce fields, swimming pools, and other recreational facilities in the State Parks System. 7 Photos on Page 7 and 8 CourtesyCourtesy WV WV Department Department of of Commerce Commerce 8 Traditional Lottery Products Lottery Game Sales Breakdown MEGA MILLIONS® is an on-line game jointly operated by 44 state lotteries, HOT LOTTO SIZZLER® is an on-line game jointly operated the District of Columbia and the Virgin Islands, with members belonging by 14 states and the District of Columbia who are members to the same group that operates POWERBALL®. Mega Millions® offers of MUSL. HOT LOTTO SIZZLER® offers eight secondary eight secondary prizes of fixed amounts ranging from $1 to $1,000,000. prizes of fixed amounts ranging from $2 to $30,000. Drawings are held twice weekly on Tuesday and Friday. HOT LOTTO SIZZLER® sales for FY 2014 was approximately $ Mega Milllions® sales for FY 2014 was approximately $14.9 million $ $ $ which accounted for 7.9% of traditional Lottery sales. $5.3 million which accounted for 2.8% of traditional Lottery sales. CASH25 is an on-line game, which was introduced in February 1990. Players pick six numbers from 1 to 25 for a chance to win cash prizes ranging from $1 to $25,000. Drawings are held four nights a $105.6 Million Instant Games week every Monday, Tuesday, Thursday and Friday. $39.5 Million POWERBALL $5.3 Million Hot Lotto Cash25 sales for FY 2014 totaled more $8.3 Million Daily 3 than $5.2 million which was 2.8% of $4.9 Million Daily 4 INSTANT games were the Lottery’s first type of game traditional Lottery sales. $5.2 Million Cash25 Instant Game sales for FY 2014 introduced in January 1986. The instant game offers $5.0 Million Travel Keno totaled more than $105.6 million a wide variety of game themes. During fiscal year $14.9 Million Mega Millions which was 56.0% of traditional 2014, there were 53 new games introduced. Lottery sales. $ $ $ $ DAILY 3 is an on-line game introduced DAILY 4 is an on-line game also TRAVEL KENO is a game restricted to lottery POWERBALL® sales for FY 2014 totaled in February of 1987. Players choose introduced in February of 1987. retailers with specific types of West Virginia Alcohol approximately $39.5 million which represented three numbers from 0 to 9 for prizes Players choose four numbers from 0 Beverage Control Administration licenses and 20.9% of total traditional Lottery sales. ranging from $40 to $500. Drawings to 9 for prizes ranging from $100 to was introduced in December 1992. The winning $5,000. Drawings are held six nights are held six nights a week. numbers are displayed on monitors at 276 Travel a week. Keno locations. POWERBALL® is an on-line game jointly operated and sold by 44 state lotteries, the District of Columbia, Puerto Rico, and the Daily 3 sales for FY 2014 totaled Daily 4 sales for FY 2014 totaled Travel Keno sales for FY 2014 totaled $5.0 Virgin Islands, who are members of the Multi-State Lottery Association (MUSL) or the Mega Millions® Group.
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