The operator narrowly surpassed its previous record of $1.104bn set in the 2019 fiscal year.
Revenue came in at another record high of $5.83bn, compared to the previous record of $5.51bn in 2019. This year marks the seventh consecutive year that revenues have surpassed the five billion dollar mark.
The impact of the novel coronavirus (Covid-19) pandemic saw revenue and profit for the fiscal year 2020 drop, to $5.26bn and $986.9m respectively.
Figures for 2021 have not yet been formally audited, but the Lottery said it does not expect them to change substantially when the review process is complete.