``Three Kings Liquor'' Named Lottery's September Retailer Of The Month; Torrance Business Earns More Than $2.1 Million for Public Education.News Desks SACRAMENTO Sacramento, city, United States Sacramento (săkrəmĕn`tō), city (1990 pop. 369,365), state capital and seat of Sacramento co., central Calif. , Calif.--(BUSINESS WIRE)--Aug. 3, 2000 The California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). Lottery lottery, scheme for distributing prizes by lot or other method of chance selection to persons who have paid for the opportunity to win. The term is not applicable when lots are drawn without payment by the interested parties to determine some matter, e.g. announced Three Kings Liquor liquor /li·quor/ (lik´er) (li´kwor) pl. liquors, liquo´res [L.] 1. a liquid, especially an aqueous solution containing a medicinal substance. 2. in Torrance as California Lottery's Retailer of the Month for September 2000. The ceremony is scheduled for Thursday, August 3rd at 10:00 am. It will be held at Three Kings Liquor, 5126 W. 190th Street in Torrance. Three Kings Liquor's total sales to date are nearly $6.3 million and with a minimum of 34 percent of all Lottery ticket sales benefiting public education, Three Kings Liquor has contributed more than $2.1 million to California's public schools. In June of 1989, Three Kings Liquor sold a winning SuperLotto ticket with a jackpot totaling $5.4 million to Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. county resident Lee Chiao chiao n. pl. chiao Variant of jiao. . They are also one of California Lottery's highest selling retailers with numerous top winning prizes. Owner, Steve Vetayases, is very enthusiastic about the Lottery. Vetayases built his own oak Scratchers(R) ticket holder and displays winning Scratchers(R) throughout the store. The California Lottery sells its products through a network of nearly 19,000 outlets statewide. The Lottery provides 52.5 percent of its revenues to players as prizes, 34 percent to public schools and 14 percent for administrative expenses, which includes 6.8 percent for retailer commissions. Since 1985, the Lottery has raised more than $11 billion for public schools. The California Lottery's contribution equals approximately 2 percent of the state's total education budget. |
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