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
|