Kentucky Lottery has record revenues
The Kentucky Lottery Corp. had a record $744 million in revenues, or total ticket sales, in the fiscal year ending June 30, according to year-end figures.
The brisk sale of tickets for interactive, scratch-off games offset a decline in tickets sold for online, or computerized, games, including Powerball, Pick 3 and Pick 4.
Those sales suffered, in part, because there was only one large Powerball jackpot, which was hit at $254 million last January. Some tickets for the interactive games se ...
Jul 30, 2007, 8:32 am - - Lottery News forum
Penn. Lottery contributions decline for first time in 6 years
Lottery Not Blaming Slots for Flat Sales
Pennsylvania's lottery sales stumbled in the just-ended fiscal year as slot machines came on line finishing flat after a half-decade of huge gains spurred by bigger games, more retailers and glitzier advertising.
After subtracting expenses, commissions and prize money, the lottery contributed less money to state coffers than the prior year for the first time since 2001.
State lottery officials insisted the arrival of slot-machine gambling in ...
Jul 24, 2007, 9:38 pm - - Lottery News forum
Georgia Lottery sets sales record with $3.4 billion sales
The Georgia lottery took in a record $3.4 billion dollars during the last fiscal year a $244 million jump from the previous year.
Officials say more than $850 million was transferred to the education fund, which pays for HOPE scholarships and pre-kindergarten classes. That brings the total funds raised to nine-point-three billion since the lottery began in 1993.
State officials were concerned a few years ago that lottery sales wouldn't meet the growing demand for pre-kindergarten class ...
Jul 18, 2007, 12:53 pm - - Lottery News forum
Kansas Lottery sets sales record
The Kansas Lottery hits the jackpot itself record sales are recorded for the fiscal year ended June 30th.
Lottery officials report sales of nearly $241 million. That's up two percent from the previous year, which also showed record sales. Some $71 million will go into state coffers, the highest transfer in a single year since Lottery sales began in 1987.
Kansas Lottery director Ed Van Petten cited the success of the lottery's first $20 scratch ticket and Kansas-themed tickets promoting b ...
Jul 11, 2007, 1:29 pm - - Lottery News forum
N.C. Lottery Millionaire Raffle sells out
If you haven't gotten a North Carolina Lottery raffle ticket, you're out of luck.
Less than a week before the Fourth of July drawing, the state sold out of its entire stock of Sizzlin' Millionaire Raffle tickets.
Instead of selling paper tickets from a roll, retailers sold 500,000 numbers through the lottery's computer network.
With four grand prizes of $1 million, a $20 ticket will carry a 1 in 125,000 chance of winning the top prize. For comparison, the odds of buying a winning mult ...
Jul 3, 2007, 6:27 pm - - Lottery News forum
Star Spangled lottery not a hit with players
The Massachusetts Lottery's Star Spangled Sweepstakes is shaping up to be a Yankee Doodle disappointment.
With just four days remaining until the game ends on Saturday, prior to the July 4 drawing, sales of the $20 ticket have been significantly below expectations, said lottery spokeswoman Beth Bresnahan.
Through Monday sales hovered at about 30 percent of the game's 4 million tickets, or about 1.2 million tickets, have been sold.
It's a little slower than expected, said Bresnahan. ...
Jun 27, 2007, 8:34 am - - Lottery News forum
Pa. Lottery players dig Treasure Hunt game
Treasure Hunt, Pennsylvania Lottery's terminal-based Pick 5 game, has exceeded sales expectations. The game, which went on sale May 8, was projected to bring in between $2.5 million and $3 million in its first quarter. Sales have surpassed $3 million.
Treasure Hunt is unique because it is animated online. Players get a grid numbered 1-30 and mark where they think the treasures are hidden. After the drawing at 1:35 p.m., the sand covered grid is shown online being cleared off, reveling five ...
Jun 20, 2007, 10:35 am - - Lottery News forum
Is the lottery a tax? N.C. appeals court hears arguments
The profit from the sale of lottery tickets in North Carolina is really a tax on the state's residents, which means the law that created the games was passed unconstitutionally, attorneys for a group of taxpayers argued Tuesday before the state Court of Appeals.
The fundamental criteria is that the revenue is going to the general benefit of the public, Robert Orr, the taxpayers' lawyer, told the three-judge panel. The lottery was sold as a revenue-raising proposition to raise money for edu ...
May 22, 2007, 8:55 pm - - Lottery News forum
Expensive Michigan Lottery tickets sell-out quickly
Pundits who doubted the public's desire for $50 lottery tickets are silenced
Tickets to the Michigan Lottery's most expensive game sold out Wednesday after less than three days on sale.
The lottery's Super Raffle game includes 250,000 tickets sold at $50 each.
Tickets went on sale Monday. Winning tickets are scheduled to be drawn June 18.
Michigan Lottery commissioner Gary Peters said the public was responding to the game's relatively good odds, compared to other lottery games.
...
May 10, 2007, 3:27 pm - - Lottery News forum
Maryland Lottery helps taxpayers hit jackpot
The Maryland Lottery wants to help people dream.
While the odds of those dreams becoming a cold, hard-cash reality are more than a million-to-one, look no further than the recent Mega Millions jackpot winners from Georgia and New Jersey, who each came away with half of a stunning $390 million pot.
Last fiscal year, the Maryland Lottery generated more than $501 million for the state's general fund. These earnings benefited government-funded services and programs such as education, public he ...
Mar 22, 2007, 8:36 am - - Lottery News forum