BALTIMORE, Md. — Despite a challenging economy and two paralyzing snow stormsthat buried large parts of the state, the Maryland Lottery tallied more than $1.706 billion in sales in Fiscal Year 2010, breaking its sales record for the 13th year in a row.
The Maryland Lottery also contributed $509.7 million to the state, which is used to support important programs, including education, public safety and health and environmental programs.
2010 Fiscal Year-end highlights include:
- Sales of more than $1.706 billion, an increase of more than $8.5 million over last fiscal year
- Revenue of $509.7 million, $16.5 million more than last fiscal year and the 2nd highest return in the Lottery's history
- Prizes paid to players reached more than $1 billion for the second time in Lottery history, reflecting an increase of $6.8 million over last fiscal year
- Commissions earned by Lottery retailers totaled $113.1 million
- While Lottery sales hit the highest level ever, operational expenses remained low, finishing the year at an estimated 3.1% of total sales
"Ourfiscal numbers are a testament to the hard work of our Lottery staff and the morethan 4,000 Lottery retailers throughout Maryland," Lottery Director Stephen Martino said. "We are pleased to send $509.7 million to the state at a time when it is greatly needed. We will continue to produce innovative products and promotions to help achieve our primary goal of generating this much-needed revenue."
Fiscal Year 2010 brought the addition of Powerball, which rolled into Maryland on January 31. The multi-state jackpot game registered nearly $29 million in sales. Combined sales for all the Lottery's jackpot games — Multi-Match, Mega Millions, Bonus Match 5 and Powerball — totaled more than $210 million. The Maryland Lottery's monitor games, which include Keno, Keno Bonus, Keno Super Bonus, Racetrax and Racetrax Bonus, made a strong showing with combined sales of $492 million, an increase of nearly $9.3 million or 1.9% over last fiscal year. Racetrax and Racetrax Bonus posted $100.2 million in sales, an increase of $11.7 million or 13.21%.
In other game figures, Pick 3 totaled $266.9 million in sales with $133 million in payouts to players. Pick 4 sales came in at $246.7 million with $132.2 million in prizes to players. The Lottery's instant games, or scratch-offs, garnered nearly $490.8 million in sales.
Since its inception in 1973, the Maryland Lottery has contributed $11.7 billion in revenue to the State of Maryland. Players have also benefited, receiving more than $17.7 billion in prizes over the Lottery's 37-year history.
Congrats to the MD state lottery for doing what elected officials cant do and that generate money for the state.
The state not paying teachers, police, firemen, etc., has nothing to do with the state being out of money. It has to do with them deciding to spend it foolishly on overblown, worthless state projects, like the Lyric Opera House and "cultural projects".
Every state should look at what Christie has done in New Jersey and copy it. The NJ Governor may have rescued one of the worst state economies in just one year.
One of the most foolish things this State or the Lottery Commission blows the money on is the Raven's Stadium. And, the article doesn't mention the portion or precentage that goes to that waste.
Sounds like Maryland is going down the tubes in more ways than one.
I just read that Baltimore is infested with Bedbugs and they're spreading like wildfire.
Unfortunately, the only thing that kills them is DDT and that has been outlawed with the help of do-gooders and a certain political party.
Millions of people have died from malaria since DDT was outlawed but they had to outlaw it because they said it could potentially have some possible long term health risks.
I think Maryland should be cordoned off and no one allowed to leave so they can't spread their filthy bugs to the rest of us.
Not in the article but on MD's lottery website.
Designated proceeds from the Mega Millions game benefit the Stadium Authority. In FY2009, $20,000,000 was contributed to the Stadium Authority.