TOPEKA, Kan. (KSNT) – Kansans spend millions on lottery tickets every year, but have you ever wondered where all that cash goes?
KSNT News reached out to the Kansas Lottery to figure out where the money from all its ticket sales goes annually. Over the course of the lottery’s history in the Sunflower State, it has sent more than $2.1 billion to the state of Kansas, with around $4.2 billion in prizes paid out to players.
The most recent fiscal year saw more than $338 million in sales, with more than $85 million sent to the state, according to the Kansas Lottery. The lottery is required to pay out at least 45% of its total sales in prizes to players. The full breakdown of where the cash went in FY 2023 can be found below:
- Prizes – 60.7%
- Transfers to the state – 25.5%
- Cost of sales – 3.7%
- Retailer earnings – 5.9%
- Administration costs – 4.2%
Lottery earnings sent to the state are distributed among several different funds. In FY 2022, the state’s cut of a little over $80,000,000 was distributed to the following places:
- Economic Development Initiatives Fund – $42,432,000
- Juvenile Detention Facilities Fund – $2,496,000
- Correctional Institutions Building Fund – $4,992,000
- Problem Gambling Grant Fund – $80,000
- Veterans programs – $1,260,000
- Mental health programs – $7,418,897
- State General Fund – $21,457,762
Additionally, through the lottery’s Veterans Benefit Games, cash is deposited into three special funds to help benefit Kansas military veterans. In FY 2022, more than $1.2 million was deposited into these funds.