1988
July
 
o       Governor Wallace G. Wilkinson appoints the Kentucky Lottery Commission to develop a draft for the creation of a lottery in Kentucky.
 
November 5
 
o       More than a million Kentuckians vote on the lottery referendum. The measure passes with 60 percent of the votes in favor of creating a lottery.
 
December 16
 
o       Legislation creating the lottery is signed by the Governor. The Kentucky Lottery is the first lottery in the United States implemented as a corporation.