New York Lottery is a state-operated lottery of the United States that began in 1967 with the slogan, “Your Chance Of A Lifetime To Help Education”. The Lottery, as part of the New York Gaming Commission, provides revenue for public education. Before the 20th century, the revenue generated by the lotteries in New York was used for non-educational needs. It helped in the infrastructural and industrial development of New York. It was on November 8, 1966, the people of New York voted to approve a constitutional amendment authorizing a government-run lottery. The proceeds of this government-run lottery would specifically be applied to aid and support education in New York. Since its establishment, the lottery has generated over $34 billion for aiding educational revenue.
New York Lotto joined the club in 1978. The jackpot for the game started with $3 million but was decreased to $2 million in April 2013, acknowledging the growing craze for the game. The jackpot is eligible for both lump sum and annuity, the annuity for New York Lotto is paid in 26 yearly installments.
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The New York Lottery is a state-operated lottery in the United States that began in 1967. The lottery as part of the New York State Gaming Commission provides revenue for public education and is based in Schenectady.
The New York Gaming Commission commenced from February 1, 2013. Since then it is regulating all aspects of gaming activity in the State including pari-mutuel wagering, the state lottery, and horse racing. The Commission aims to ensure that all lawful gaming and horse racing activity conducted in this State is of the highest integrity, credibility, and quality. It provides a regulatory structure necessary for the New York gaming activities.
Proceeds from Lottery ticket sales and unclaimed prizes go back to the community for -Local School Districts
New York State Gaming Commission
One Broadway Center
P.O. Box 7500
Schenectady, NY 12301-7500