Virginia Lottery

During 1987 the residents of Virginia voted for the Virginia Lottery. It was decided that this lottery will be managed and run by the government of Virginia. When sales of the lottery tickets started on 20 September 1988, no specific beneficiary for the proceeds of the lottery was designated. During 1989 the lottery earnings was applied to fund various capital construction undertakings. Proceeds from 1990 up to 1998 were allocated to the General Virginia Fund. In 1999 it was decided to allocate funds for pure educational purposes and distributed to public schools in Virginia.

Since November 2000, all proceeds of the lottery are solely used for education. This decision was voted on by Virginia residents, and also approved the initiation of the State Lottery Proceeds Fund. This decision is was also take up in the Constitution of Virginia. Since 1989 up to June 2010, more than seven and a half billion dollars have been paid to K-12 schools in Virginia.

Apart from the millions of dollars allocated to education, the lottery also funds the Virginia Literary Fund with all unclaimed prizes. More than one hundred and ninety million dollars has been donated to this fund since 2009.

The Commonwealth of Virginia manage the Virginia State Lottery. This lottery is one of 42 that sell Mega Millions game tickets, and one of the 44 states that take part in the Powerball multi state lottery.

Local retailers have the mandate to sell lottery tickets. By law, selling of lottery tickets from the Virginia lottery head office or online is not permitted. In order to play or cash any winnings, participants must be 18 years or older. It is also not permitted to buy any lottery tickets with a credit card.

Players can pick between a number of games such as the ever popular Pick 3 and Pick 4 games, the Cash 5 game, all with two draws per day. Other fast games such as various kinds of scratch card games are also available. In addition to the above, the Mega Millions and Powerball is also available and drawn twice a week on Fridays and Tuesdays and Saturdays and Wednesdays respectively.

With an advertising budget of 24 million dollars per year, one can clearly comprehend why the Virginia Lottery is successful in so many aspects.