Stay Informed
of New Reports
Twitter
Report Waste, Fraud
Abuse, Or Retaliation
Report Waste Fraud, Abuse, Or Retaliation

Delaware State Lottery Financial Statement Audit for Fiscal Years 2020 and 2019

Report Details

Report Description: 
What Was Performed? A financial statement audit of the Delaware State Lottery for Fiscal Year 2020 and 2019 was performed. Why This Engagement? This engagement was performed in accordance with 29 Del. C. §4816 and 29 Del. C. § 2906, as amended. The Delaware Lottery was established in 1974 by legislative decree. Unlike many other state lotteries, which target their revenues for specific efforts, the Lottery’s revenue is not earmarked for any one specific cause or group. By law, the Delaware Lottery generates income for the state's General Fund. The Lottery is also legally obligated to transfer funds to Department of Health and Social Services and Department of Agriculture to accommodate for services that benefit the Lottery paid for from their programs. The General Fund is a pool of money that finances a variety of state services, such as youth education, protecting neighborhoods from crime and pollution, maintaining parks and beaches, and healthcare for families and seniors. In this way, the Delaware Lottery helps pay for services that otherwise would require additional tax dollars. The Delaware Lottery has contributed $5.4 billion to the state's General Fund since 1975 and contributed $213.9 million in FY2019 and $175.7 million in Fiscal Year 2020.
Date Issued: 
Monday, November 30, 2020
Agency Reviewed / Investigated: 
Location: 
DE
United States
Type of Report: 
Audit
Professional Standard: 
Other

Please note that Oversight.gov contains links to documents hosted on various state and local government and other non-Federal Government websites (external websites). CIGIE proudly complies with section 508 accessibility regulations in the posting of Federal Government reports on Oversight.gov; however, CIGIE cannot guarantee section 508 compliance (accessibility) on any external websites. Additionally, when clicking on links to external websites, users should be aware that doing so causes them to leave CIGIE’s website and to be subject to that external website’s privacy policy. Furthermore, CIGIE neither controls nor guarantees the accuracy, relevance, timeliness, or completeness of the information contained in external website links.