Madam Speaker, I rise today to congratulate the Massachusetts State Lottery as it celebrates its 50th anniversary. Since selling its first ticket on March 22, 1972, the Mass Lottery has generated over $137 billion in revenues, returning…
Madam Speaker, I rise today to congratulate the Massachusetts State Lottery as it celebrates its 50th anniversary.
Since selling its first ticket on March 22, 1972, the Mass Lottery has generated over $137 billion in revenues, returning over $29 billion in net profit to the Commonwealth of Massachusetts. These funds have been distributed to all 351 cities and towns in Massachusetts as unrestricted local aid, supporting a wide range of initiatives, including public safety, snow removal, road improvements, school staffing and services, programs for seniors, and parks and recreation projects.
The Mass Lottery has awarded over $96 billion in prizes to its loyal customers. Prize winners have been able to put their winnings toward the purchase of homes, sending their kids to college, opening their own businesses, covering medical expenses and making donations to charitable organizations.
The Mass Lottery has been a valuable source of additional income for thousands of businesses across the state, and collectively the Mass Lottery's retail partners have earned over $7.8 billion in commissions and bonuses over the last fifty years.
Under the guidance of the Mass Lottery, Charitable Gaming events have given non-profit organizations in Massachusetts opportunities to raise money to support their causes while providing social entertainment in their communities.
Over the last five decades, Mass Lottery employees have worked diligently to build the Mass Lottery into one of the most successful lotteries in the world. In turn, the Mass Lottery has been a valuable employer in the state, offering a wide range of career opportunities with pathways for advancement within the organization.
The Mass Lottery will be commemorating ``50 Years of Winning'' throughout 2022 by showing its appreciation for the customers, retailers, communities and employees who are a part of its amazing success story.
Madam Speaker, it is my distinct honor to recognize the Massachusetts State Lottery as it celebrates its 50th anniversary.