Arch Gleason, president and CEO of the Kentucky Lottery (#414)
Arch Gleason, president and CEO of the Kentucky Lottery Corp. and president of the World Lottery Association, discusses the Kentucky Lottery’s success, how the lottery’s proceeds benefit the state, and the issue of expanding gaming, among other topics.
Airs ...No upcoming broadcasts. List all airdates.
First, Gleason discusses the Kentucky lottery’s highl -anticipated inception in 1989, including Gov. Wallace Wilkinson’s purchase of the first ticket. At the time, it was estimated that the lottery would bring about $65 million in proceeds to the Commonwealth. Today, the lottery profits for the state are around $200 million annually.
Next, Gleason talks about the success of the lottery in Kentucky, how the economic downturn has affected sales, and where the proceeds from the lottery go. Gleason explains why the lottery funds did not initially go to support education as Gov. Wilkinson had promised.
Finally, Gleason discusses the largest Powerball jackpot ever awarded in the state, how the Lottery Corporation addresses gambling addiction, and the possibility of expanded gaming in Kentucky.