Connecticut Lottery Corporation Returns Over $412 Million to the State in Fiscal Year 2023

Marks third straight year where CLC has contributed over $410
million to the state

Rocky Hill, CT / (August
7, 2023) - As excitement continues to grow with Tuesday’s Mega Millions® estimated jackpot increasing to a potential record $1.55 billion ($757.2 million cash option), the Connecticut Lottery Corporation (CLC) is proud
to announce that, for the third straight year, CLC has contributed over $410
million* to the State of Connecticut.

Total sales for the corporation reached over $1.7 billion in the
recently concluded Fiscal Year 2023 (FY23), returning more than $1.1 billion to
winning players and generating over $412 million in profits that led to $404
million being transferred to the state’s General Fund. In the last 5 years
alone, CLC has returned over $1.9 billion to the state’s General Fund.*

“We are proud to continue to be a reliable source of funding
for our state,” said Gregory Smith, CLC President and CEO. “These outstanding
results would not be possible without our much appreciated players and
dedicated staff, retailers, retail sports wagering business partners, and the
vendors who provide our gaming systems.”

Additionally,
CLC contributed $3.3 million in FY23 to the state Department of Mental
Health and Addiction Service’s Chronic Gamblers Treatment Rehabilitation account
to help fund the state’s problem gambling helpline and treatment services. CLC also
paid $5.4 million in FY23 to cover state regulatory costs.

In addition to exceeding budget projections for the recently
concluded fiscal year, CLC helped boost Connecticut’s local economy by paying over $80
million in lottery retailer bonuses and commissions in FY23 to their network of
about 2,900 predominantly small-to medium-size Connecticut businesses.

* Based on yet to be audited FY23 financial statements.

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About the
Connecticut Lottery Corporation

The Connecticut
Lottery Corporation (CLC) is a quasi-public state agency with the
mission to generate revenue for Connecticut consistent with the highest
standards of good public policy and social responsibility. In fiscal year 2023,
players won more than $1.1 billion in prize money and retailers earned more
than $80 million in commissions. At the same time, the CLC provided more than $404
million to support the valuable services and programs funded by the state’s
General Fund including public health, libraries, public safety, education and
more. Since the Lottery began in 1972, its contributions to the General
Fund have exceeded $11.5 billion.*

* Based on yet to be audited FY23 financial statements.

The CLC reminds the public that Lottery purchasers must be 18 or
older, and players must be at least 21 to place sports wagers. Help is
available for problem gambling. Call 888-789-7777 or visit ccpg.org.