Where the money goes in the Wisconsin Lottery - WKOW 27: Madison, WI Breaking News, Weather and Sports

Where the money goes in the Wisconsin Lottery

Posted:

MADISON (WKOW ) -- Hopeful players bought tickets hoping to the score the Powerball Jackpot worth more than $579 million dollars, but if you buy any Wisconsin Lottery ticket where does the money go?

According to the Wisconsin Lottery website, since its start in 1988 the Wisconsin Lottery has generated more than $10.2 billion in total revenue. At least 95 percent of that revenue has gone back to the people of Wisconsin. The money stays in Wisconsin's economy.

According to the Wisconsin Lottery website, at least half of the total revenue is dedicated to prize winnings. That's about $5.8 billion.

About six percent of the total Wisconsin Lottery revenue goes to Wisconsin businesses as retailer compensation. That's about $610.6 million.

Money from the Wisconsin Lottery also goes to operational expenses, which includes staff salaries.

About 31 percent of the total Wisconsin Lottery revenue goes back to eligible Wisconsin taxpayers. According to the Wisconsin Lottery website, they have generated more than $3 billion for property tax relief since 1988.

Wisconsin had 11 major winners in the Powerball drawing. Three people locally won in Cross Plains, Janesville and Montello. Wisconsin had a $1 million winning ticket sold in West Allis. Winners have 180 days from the drawing to claim their prizes.

Click here for more information.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WKOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Anna Engelhart at 608-661-2767. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.