Minnesota State Lottery Contribution to the State Budget

MANAGEMENT DISCUSSION AND ANALYSIS
(of the Minnesota State Lottery, from page 16 of their 2010 Annual Report)

FINANCIAL HIGHLIGHTS
The Minnesota State Lottery achieved record operating revenue of $499 million and record contributions to state programs of over $122 million in fiscal year 2010. Revenue increases have been driven by the introduction of new products that respond to customer needs and desires along with strategic marketing and promotion of existing products. Notable among these new products were the introduction of Game Books—a completely new style of scratch game—and the multi-state lotto game Mega Millions.

SUMMARY OF CONTRIBUTIONS TO STATE
The Lottery contributed $122.2 million to the State in fiscal year 2010. This was a modest increase over the $118.2 million
contributed in 2009 or 3.4 percent increase which was again higher than 2008 by 1.6 percent. The following table provides detail on the total amounts transferred to the State as well as the source of the transfers provided to the state since 1990.

THE LOTTERY HAS CONTRIBUTED $1.9 BILLION TO THE STATE SINCE 1990

Compulsive Gambling 2% $30,435,591
General Fund 57% $1,096,420,449
Environmental and Natural Resources Trust Fund 27% $521,375,011
Game and Fish Fund 6% $105,339,773
Natural Resources Fund 6% $105,339,773
Other 2% $38,418,029

CONTRIBUTIONS TO STATE 2010 2009 2008
Net proceeds to the State $78,374,378 $77,024,023 $76,587,446
In-lieu-of-sales tax 32,432,967 31,280,934 29,998,984
Compulsive gambling contribution 2,230,000 2,130,000 2,525,000
Unclaimed prizes to the State 9,211,142 7,812,399 7,154,188
Total paid to State $122,248,487 $118,247,356 $116,265,618

http://www.mnlottery.com/news_and_info/annual_report_2010/ (See Page 16)