Kentucky Lottery hits record sales in third quarter

Apr 25, 2006, 10:06 am (4 comments)

Kentucky Lottery

The Kentucky Lottery Corp. earned net income of $56.2 million on a record $198.5 million in sales during its third quarter of fiscal 2006.

Sales were driven by a record-breaking $365 million Powerball jackpot in February, according to a news release.

The previous record sales quarter was the second quarter of 2004, when net income was $52.6 million on sales of $197 million.

Year-to-date net income is $158.7 million, or $37.9 million more than the same period last year. Sales are $564.2 million, or $40.6 million more than a year ago.

Lottery Post Staff

Tags for this story

Other popular tags

Comments

SassyOhio's avatarSassyOhio

Year-to-date net income is $158.7 million, or $37.9 million more than the same period last year. Sales are $564.2 million, or $40.6 million more than a year ago.

LMAO cause we all want a peice of the pie!!!

DoubleDown

Who says lotteries aren't big business ???

That is NET income, after S,G and E....

What will they do with all that cake ?

CASH Only

I guarantee that Lose for Life was NOT a factor in the quarter. Lotto South had a high jackpot a few weeks before it ended.

LOTTOMIKE's avatarLOTTOMIKE

i think kentucky should have a pick 5......

End of comments
Subscribe to this news story
Guest