Va. Lottery has third most profitable year in spite of COVID

August 17, 2020
 |

RICHMOND, Va.- The Virginia Lottery had the third most profitable year in its history, boosted by a final quarter in which coronavirus quarantines and restrictions on other gaming opportunities limited competition for the state-run enterprise.

The lottery generated $595 million in profit for K-12 education during the fiscal year that ended June 30.  It also recorded its second-highest year for sales, with $2.15 billion in gross revenue.

Sales dropped sharply in March and April during the early days of the pandemic but rebounded strongly in May and June.

Coastline Chemical hiring Welders

.

Share this

Listen Live!

WESR 103.3FM PLAY BUTTON
COASTAL COUNTRY PLAY BUTTON

Local Weather

May 22, 2024, 1:39 pm
Clear sky
S
Clear sky
75°F
9 mph
Apparent: 76°F
Pressure: 1017 mb
Humidity: 83%
Winds: 9 mph S
Windgusts: 29 mph
UV-Index: 8.61
Sunrise: 5:47 am
Sunset: 8:11 pm
 

Visit our sponsors

Coldwell Banker Harbour Realty

FOLLOW US

OUR ADVERTISERS

Throwback Thursday WESR Programming

Member of the

esva chamber