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Texas Lottery Commission

 
Hoover's Profile: Texas Lottery Commission
 
Contact Information
Texas Lottery Commission
611 E. Sixth St.
Austin, TX 78701-6630
TX Tel. 512-344-5000
Toll Free 800-375-6886
Fax 512-344-5080

Type: Government-owned
On the web: http://www.txlottery.org

The Texas Lottery Commission hopes to have the eyes of Texans watching the lotto jackpot. The Texas Lottery Commission oversees one of the country's largest state lotteries, which has pumped more than $15 billion into state coffers since its inaugural in 1991. More than 60% of lottery sales are paid out in prize money, while almost 30% goes to the state's Foundation School Fund; the remainder goes to retailer commissions and administrative costs. The lottery offers numbers games and several instant-win games sold through grocery stores, gas stations, and convenience stores. In addition, Texas participates in Mega Millions, a multistate lottery game.

Key numbers for fiscal year ending August, 2007:
Sales: $3,774.8M
One year growth: (0.0%)
Net income: $4.4M

Officers:
Chairman: James A. Cox Jr.
Executive Director: Anthony J. Sadberry
Deputy Executive Director: Gary Grief

Competitors:
Louisiana Lottery
Multi-State Lottery
New Mexico Lottery Authority

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