Since the Kansas Lottery's start up in November 1987, through June 30, 2018, Lottery ticket sales have produced nearly $1.8 billion in revenues transferred to the State of Kansas. In that same time period, nearly $3.3 billion worth of prizes have been paid to players, and retailers have earned more than $340 million in commissions
The Lottery's Fiscal Year 2018, which ended June 30, 2018, produced nearly $269 million in sales and more than $74.7 million transferred to the state.
The Kansas Lottery Act requires that a minimum of 45 percent of total sales be paid back to the players through the prize fund. In Fiscal Year 2018 (July 1, 2017 through June 30, 2018), the Kansas Lottery paid out 58.2 percent in prizes. The State Gaming Revenues Fund received 27.5 percent of ticket sales; cost of sales was 3.6 percent (which covers online vendor fees, telecommunications costs and instant ticket printing); 5.8 percent was paid to Lottery retailers for commissions and bonuses; and 4.9 percent covered administrative expenses (salaries, advertising, depreciation, professional services and other administrative expenses.)
The State Gaming Revenues Fund (SGRF) is funded through monthly transfers from the Kansas Lottery. Transfers are made from the Gaming Fund to funds dedicated to economic development initiatives, prison construction and maintenance projects, local juvenile detention facilities, problem gambling assistance, and the State General Fund.
The first $50 million is divided by a formula which first transfers $80,000 to the Problem Gambling and Addictions Grant Fund. Then 85 percent of the balance is transferred to the Economic Development Initiatives Fund, 10 percent to the Correctional Institutions Building Fund, and 5 percent to the Juvenile Detention Facilities Fund. Any receipts in excess of $50 million must be transferred to the State General Fund.
|Economic Development Initiatives Fund||$42,432,000|
|Juvenile Detention Facilities Fund||$2,496,000|
|Correctional Institutions Building Fund||$4,992,000|
|Problem Gambling Grant Fund||$80,000|
|State General Fund||$24,726,543|
Legislation passed by the 2003 Legislature authorizes net profits from Veterans Benefit Games to go directly to designated veterans programs. Every penny of the money is used here in Kansas and goes to provide basic things for our Kansas military veterans.
All net profits received from the sale of Kansas Lottery Veterans Benefit Games are deposited into the state treasury and are then directed to three special funds:
Initially, Veterans Benefit Games were sold only from May through November each year. A change in the legislation authorized the Lottery to sell the games year round, starting in May 2008. Fiscal Year 2009 was the first year that included year round sales.
Net profits from the sale of Kansas Lottery Veterans games are transferred to the state treasury once a year on June 15. The transfer is made at the same time as the Lottery makes its monthly transfer to the State Gaming Revenues Fund. From the state treasury, the Veterans Benefit funds are distributed directly to the designated programs, according to the percentages in the legislation.