The Lottery has provided nearly $26 Billion in cumulative profits to the State of Ohio since inception in 1974. Last year, the Lottery distributed over $2.15 Billion in prizes to holders of winning tickets, the majority whom reside in Ohio.
How much does Ohio Lottery make a day?
$6 million! Ohioans are winning every day with the Ohio Lottery! Lottery players across the state win an average of almost $6 million* a day.
Where do Ohio Lottery profits go?
The Department of Education’s General Revenue Fund budget represents the largest component of primary and secondary education. These funds, along with profits from the Ohio Lottery are used to fund Ohio’s 612 public school districts, 49 joint vocational school districts, 319 public community schools and 7 STEM schools.
How much does the director of the Ohio Lottery make?
Salaries of Lottery Directors
How much did Ohio Lottery retailers earn last year in bonuses and commissions?
Selling Ohio Lottery games helps bring more customers through retailers’ doors. Last year, retailers were paid $233 million* in bonuses and commissions.
How long does it take to get Ohio lottery winnings?
How long does it take to receive my winnings? Your winnings will be mailed to you within 30 days.
How much tax do you pay on a $1 000 lottery ticket in Ohio?
The Ohio Lottery withholds a 25 percent federal tax and 4 percent state tax for prizes of more than $5,000, but winners may owe additional taxes, officials said.
What does Ohio Lottery do?
Ohio Lottery revenue history
Each year the lottery spends about 60 percent of its revenues on prizes and about 30 percent goes to education. The rest is used for operating expenses and paying bonuses and commissions to retailers.
What is the phone number for the Ohio Lottery?
Live Chat. Don’t see an answer to your question? If you have a problem with gambling, please call our Problem Gambling Helpline at (800) 589-9966.