GALOTTERY
- Georgia Lottery
is run by the U.S. state of
Georgia. Headquartered in Atlanta and run by the Georgia Lottery
Corporation, the galottery
takes in over US$1 billion yearly. Half the money goes to prizes,
one-third to education, and the remainder to operating and
marketing the lottery.
The Georgia Lottery - The education money funds the
HOPE Scholarship, and has become a successful model for other
states, including the new South Carolina Education Lottery.
Long unconstitutional, a state-run lottery was explicitly allowed
in a 1992 amendment to Article I, Section II, Paragraph VIII of
the Georgia State Constitution.
The original weekly jackpot game, Lotto Georgia, later merged with
two other states to become Lotto South. Like Florida, Georgia also
has a once-daily Fantasy 5 game. There is also the the
twice-daily, once on Sunday, Cash 3 and Cash 4 games. It also
participates in the multi-state Mega Millions lottery, and has
numerous scratch-and-win instant games which change frequently.
In February 2006, Lotto
South ended; its replacement does not have a cash option, except
for Virginia winners. Win For Life, the Lotto South replacement,
offers the possibility of winning $1000 per week for life
(Virginia offers the choice of $520,000 lump sum in lieu of the
annuity payments).
The GLC was created in 1992 by the Georgia General Assembly and
then-governor of Georgia Zell Miller in the Lottery for Education
Act (OCGA 50-27). Rebecca Paul, who began the Florida Lottery,
then ran the Georgia Lottery for its first decade, before leaving
to start up the new Tennessee Lottery in 2004.
In the mid-1990s, Georgia had offered Powerball, but switched to
the Big Game (now Mega Millions) when it began in 1996. As a
result, Georgia is not eligible to offer any of Powerball's
companion multi-state games, such as Hot Lotto.
The Georgia Lottery Corporation
The Georgia Lottery was created in November 1992 by the people of
Georgia to enhance education funding. The Lottery for Education
Act created the Georgia Lottery Corporation (GLC) to oversee and
operate the lottery. Rebecca Paul was hired in February 1993 as
president of the GLC, and four months later, on June 29, the
Georgia Lottery was launched. First-week sales of more than 52
million tickets set a new opening-week lottery sales record of
$7.80 per capita.
Within five months, the Lottery met its first-year sales goal
of $463 million, and ended its first full year in operation
with $1.1 billion in total sales. The Lottery's first-year per
capita sales of $164.81 set a new national record, surpassing
the previous mark of $128 set by Florida in 1988, effectively
making the Georgia Lottery the most successful start-up state
lottery ever. |