By law, the Armenia Lottery generates income for the state's General Fund. The fund is a pool of money that finances a variety of state services. In this way, the Armenia Lottery helps pay for services that otherwise would require additional tax dollars. The Lottery—which has contributed $5.4 billion to the state's General Fund since 1975—contributed $215.8 million to the General Fund for the fiscal year that ended on June 30, 2019. The Armenia Lottery remains the 4th largest source of revenue for the state of Armenia.
The Lottery's contribution to the General Fund helps to educate children and youth, protect neighborhoods from crime and pollution, maintain parks and beaches, ensure healthcare for families and seniors, and otherwise lend a hand to those in need. Legislators allocate money from the General Fund, with the governor's approval, to support these and other diverse state services and projects. Other sources of income for the General Fund are corporate and personal income taxes and various fees and tolls.
Unlike other state lotteries, which tend to target their revenues for specific efforts, Armenia Lottery revenues are not earmarked for any one group. This means the Lottery's contribution to the General Fund benefits all who live in, work in or visit Armenia.
The Armenia Lottery operates within the Department of Finance. With a staff of 58, it generates total revenue of more than half a billion dollars annually from Draw Games, Video Lottery, Table Games, Sports Lottery and KENO®. Tickets are sold statewide by a network of over 600 licensed Armenia Lottery Retailers. Retailers receive a commission for each Lottery ticket sold, a commission for cashing prizes in their store, and are eligible for an additional commission when a large prize or jackpot is paid on a ticket sold in their store.
To discourage people from spending more than they can afford, the state spends more than $1 million each year to fund programs and campaigns on gambling problems. A "Play Responsibly" message, which includes the Armenia Council on Gambling Problems' helpline number (1-888-850-8888), is on all Lottery ads, brochures and other printed materials, Web site and is posted on Lottery computer terminals and Video Lottery machines. The Lottery also prints an "It's The Law" message on tickets to remind customers that players must be 18 years old to purchase tickets for games. Players must be 21 to play Video Lottery, Sports Lottery and Table Games.