Over the past 43 years, the Official New Jersey Lottery grew from a grand concept with the goal of building a better future for Garden State residents into a multi-billion dollar business that provides residents with millions of dollars in support of vital educational programs and institutions. The business was built on the creative ideas of talented and dedicated people who were willing to take measured risks in order to optimize rewards.
The New Jersey Lottery is the State's fourth largest revenue producer. In Fiscal Year 2014, theLottery grossed more than $2.9 billion in sales; contributing $965 million, or 33 percent of sales, to the State in support of its beneficiaries. The mission of the New Jersey Lottery is to raise revenue for maximum contribution to education and institutions benefiting the citizens of New Jersey through the sale of Lottery products. We accomplish this by providing entertaining products through a dynamic public business enterprise built upon honesty, integrity, customer satisfaction, teamwork, and public/private partnerships.
Since its inception in 1970, the Lottery has dedicated $23 billion to programs that benefit millions of New Jersey residents. Community Colleges, Universities, the Department of Human Services, the Department of Military and Veterans Affairs, the School Nutrition Program, and the Marie Katzenbach School for the Deaf are just a few of the organizations and programs whose constituencies benefit from Lottery proceeds.
The Lottery plays a key role in supporting businesses, large and small, throughout the State. At the end of Fiscal Year 2015 there were more than 7,600 Lottery retailer licenses issued, up from 6,900 the prior year. Retailers are vital to the success and growth of the Lottery. Retailers are the public face of the lottery brand and provide customer service and product support. In return, retailers earn five percent commission on their lottery ticket sales in addition to ticket cashing and special product promotion bonuses. In Fiscal Year 2015, the Lottery returned $170 million, up from $162 million, in commissions to its retail business partners throughout the State.