Lottery turns record profit
Thursday, Aug. 5, 2004 | 10:01 a.m.
The Virginia Lottery turned a record profit for the third consecutive year, topping $400 million for the first time since the lottery's inception 16 years ago, officials announced Wednesday. Penelope W. Kyle, the lottery's executive director, presented a large ceremonial check for $408 million to Gov. Mark R. Warner at a news conference at lottery headquarters. The Virginia Constitution requires the state to use the money for public schools.
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