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Statement Regarding Veterans Raffle Results
Friday, January 25, 2013:
Washington’s Lottery announced results of the 2012 Veterans
. The Veterans
ran from Veterans Day, November 11, 2012, to January 1, 2013. Out of 200,000 tickets available, 127,924 tickets (or 63.96%) were sold. Washington’s Lottery expects to award a total of 141 prizes totaling $1,040,000 to Washingtonians across the state. As of today, the $1 million prize has been claimed, as well as 25 of the 30 $1,000 prizes and 92 of the 100, $100 prizes.
Washington’s Lottery is disappointed that more tickets weren’t sold this year. After careful reconciliation of expenses associated with the Veterans
, including winning payouts, Washington's Lottery expects to incur a loss of approximately $340,000. Washington’s Lottery is a completely self-funded agency, so no taxpayer dollars were used to purchase advertising or sponsor any other promotional activity for the Veterans
Directed by state legislators, Washington’s Lottery contributions to the Veterans Innovation Program are contingent upon ticket sales and total program costs. In circumstances like this, where the Lottery fails to break even, the agency is prohibited by law from making a contribution to the program.
Washington’s Lottery strongly believes in the Veterans Innovations Program and will continue to work closely with both state legislators and the State Department of Veterans Affairs to explore alternative opportunities to fund this important program and ensure its sustainability.
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