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They announced Monday that the figure is a 10.2 percent increase over last year's then-record of $293.4 million. Officials said this year marks the eighth consecutive record-setting year.
According to data from the Tennessee Student Assistance Corporation, which oversees lottery-funded programs, more than 600,000 scholarships have been awarded to in-state education institutions since the lottery's inception in 2004.
Total education funding since then stands at more than $2 billion.
The lottery had more than $1.3 billion in total sales this year, surpassing last year's record of $1.2 billion.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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