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Home > Company Index > Leisure > Gaming Activities > Texas Lottery Commission

Texas Lottery Commission
 PROFILE
The eyes of Texas are watching the lotto jackpot. The Texas Lottery Commission oversees one of the country's largest state lotteries, which has pumped more than $7 billion into state coffers since it was created in 1991. About 55% of lottery sales are paid out in prize money, while more than 30% goes to the state's Foundation School Fund. The lottery offers four numbers games, including Lotto Texas, Pick 3, Cash 5, and Texas Two Step, and several instant-win games sold through retailers and vending machines around the state. Retailers such as grocery stores, gas stations, and liquor and convenience stores make a small commission on tickets they sell.

 COMPETITION
Multi-State Lottery Association (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: August
2000 Sales (mil.): 3,939.90
1-Yr. Sales Growth: 24.8%
Employees: 335
Revenue per employee: $11,760,895.52

 KEY PEOPLE
• Linda Cloud
    CEO
• Bart Sanchez
    CFO

 CONTACT INFO
611 E. Sixth St.
Austin, TX 78701
US
Phone: 512-344-5000
Fax: 512-344-5490
Online: Web Site

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