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Tennessee Gaming Summary

Background

Tennessee has a state lottery and charitable gaming.

Lottery

Development: In 2000, the Tennessee Legislature approved the first measure permitting a lottery to come to the state. After a successful 2002 referendum, the lottery was officially created in 2003 and began selling tickets in January 2004.

Beneficiaries: Beginning in 2004, Lottery-funded scholarships and grants became available to Tennessee students attending public or private colleges or universities across the state. Today, more than 100,000 individuals benefit each year from Lottery-funded awards and programs. All scholarships and grants are administered by the Tennessee Student Assistance Corporation, using funds deposited into an education account by the Tennessee Education Lottery Corporation.

 

For more information:

Tennessee Lottery

 

Lottery Revenue Data (Fiscal Year)

 

Year
Total Sales
Prize Liabilities
Prize %
Net Revenue
Net %
2004
427,686,000
216,972,000
50.73%
127,197,000
29.74%
2005
844,319,000
457,989,000
54.24%
238,406,000
28.24%
2006
955,845,000
552,528,000
57.81%
275,776,000
28.85%
2007
1,058,355,000
597,231,000
56.43%
282,184,000
26.66%
2008
1,064,754,000
602,284,000
56.57%
283,811,000
26.66%
2009
1,087,389,000
633,328,000
58.24%
278,889,000
25.65%
2010
1,138,016,000
664,042,000
58.35%
288,662,000
25.37%
2011
1,186,318,000
695,149,000
58.60%
293,379,000
24.73%
2012
1,310,205,000
770,568,000
58.81%
323,370,000
24.68%
2013
1,367,587,000
794,377,000
58.09%
339,595,000
24.83%

Powered by GamblingCompliance.com. For current information, visit GamblingData.com.

Total sales reflects all money wagered on the lottery in the fiscal year in question. Prize liability is the total amount of prize money paid back to winners. Net Revenue (before operating expenses) is the total revenue minus vendor and retailer commissions and prize payouts. Prize and net revenue percentages are taken from the total revenues.

Tennessee Gaming Timeline

2000: Tennessee House and Senate approve a lottery measure

2001: On February 14, Tennessee House and Senate again approve a lottery measure

2002: On November 5, the statewide referendum to permit a lottery passes with 58% of the vote.

2003: The Tennessee Legislature passes and Governor Phil Bredesen signs legislation authorizing the Tennessee Education Lottery Corporation, a quasi-governmental entity, to operate games and generate funds for education.

2004: On January 20, the Tennessee Lottery opens for business, generating $10.8 million in ticket sales on its first day.

2004; On April 19, the Lottery joins the multi-state game of Powerball.


This project was made possible by a grant from the UNLV Libaries Advisory Board. For information about how to contribute to UNLV Center for Gaming Research and Special Collections development efforts, go here.


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Last modified Thursday, 29-May-2014 12:07:50 PDT