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Mass Lottery to announce record sales

Massachusetts LotteryMassachusetts Lottery: Mass Lottery to announce record sales

The Massachusetts Lottery is expected to break a sales record this year for the fourth year in a row, the lottery executive director said Tuesday.

As of Saturday, the lottery had tallied $4.973 billion in sales, said Beth Bresnahan. She said the final sales total would be just shy of $5 billion when the fiscal year ends at midnight tonight.

The lottery posted sales of $4.741 billion in fiscal 2012, $4.85 billion in fiscal 2013, and $4.863 billion in fiscal 2014.

Profit this year is expected to reach $935.4 million, said Bresnahan. "We are on track to make that," she said.

That profit, which is returned to cities and towns, is down from recent years because of the growing popularity in high-priced scratch tickets, which return less to the state than other games, Bresnahan said.

Bresnahan, who is leaving her post to become chief executive of the Lynn Daily Item newspaper, said, "The lottery is at a crossroads in terms of where it's going, between the new competition from the casinos and the possibilities that new technology will provide."

She said she thought the lottery's future was "very bright."

But she also said the lottery is monitoring sales for its outlets near the Plainridge Park Casino, which opened last week, looking at sales for 200 agents within a 20-mile radius who sell $122.7 million annually.

The lottery is already working with a number of retailers within a five-mile radius on improved signage and advertising. It will also monitor the impact on its agents near the two other casinos expected to be built under the state casino law, in Everett in the Boston area and in Springfield.

Boston Globe

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11 comments. Last comment 1 year ago by mikeintexas.
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maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
Massachusetts
United States
Member #37433
April 14, 2006
2747 Posts
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Posted: June 30, 2015, 4:44 pm - IP Logged

Mass Lottery introduced a $30 scratch card in 2014 and people were scooping up that baby like there's no tomorrow. The card was so successful that they introduced another one earlier this year. I think I'm the only one who has never bought one. I probably will.

That money's gone fo ever

    music*'s avatar - nw bookeep.jpg
    Happy California
    United States
    Member #157856
    August 2, 2014
    1509 Posts
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    Posted: June 30, 2015, 6:01 pm - IP Logged

     I believe that the players in Massachusetts spend more on Lottery products per person. They are number one in per capita spending compared with other States.

     Go Mega Millions & Power Ball !!Wink

     I've been rich and I've been poor. Believe me, rich is better. 

     Attributed to Joe E. Lewis and others

      Gleno's avatar - Lottery-001.jpg
      New Jersey
      United States
      Member #80354
      September 25, 2009
      705 Posts
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      Posted: June 30, 2015, 10:24 pm - IP Logged

      Keep on buying those tickets. The government needs to build more Casinos or  NFL stadiums instead of funding school budgets.

      Bed

        Coin Toss's avatar - shape barbed.jpg
        Zeta Reticuli Star System
        United States
        Member #30470
        January 17, 2006
        10345 Posts
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        Posted: July 1, 2015, 12:59 am - IP Logged

        Illinois is last in funding school budgets.

        So much for the lottery helping education.

        Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

        Lep

        There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

          Bondi Junction
          Australia
          Member #57242
          December 24, 2007
          1102 Posts
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          Posted: July 1, 2015, 5:41 am - IP Logged

          The fact that Massachusetts Lottery offers a subscription service for one game across the United States, boost it's revenue. It should offer the same service for all games and generate more revenue for the state.

          We all get a lot out of lotteries!

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            Simpsonville
            United States
            Member #163189
            January 22, 2015
            668 Posts
            Online
            Posted: July 1, 2015, 12:15 pm - IP Logged

            The fact that Massachusetts Lottery offers a subscription service for one game across the United States, boost it's revenue. It should offer the same service for all games and generate more revenue for the state.

            if you know someone, or visit in person like I will in a few weeks, you can purchase Lucky for Life and Mega Millions sans Megaplier season tickets.  With the lucky for Life you get 14 draws for free via subscription.  To the best of my knowledge, no other state does this with their subscription service. 

             

            On a side note, kudos to the Virginia Lottery on their scratch games.  When all the top prizes are gone, they close the game.  So if there are three 1 million winners and all are sold, the game ends.  I wish all state lotteries would follow this lead.  Currently lottery guru (me) has to look up each individual state lottery to see what top prizes remain.

             

            In regards to that antiquated 1961 law forbidding lottery sales across state lines I contacted the national ACLU (yes, I'm a card carrying member) and they didn't even respond to my request of what I feel is a violation of my First Amendment rights...oh well.

              Raven62's avatar - binary
              New Jersey
              United States
              Member #17843
              June 28, 2005
              49674 Posts
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              Posted: July 1, 2015, 1:06 pm - IP Logged

              The fact that Massachusetts Lottery offers a subscription service for one game across the United States, boost it's revenue. It should offer the same service for all games and generate more revenue for the state.

              Do you know about the subscription prom? http://www.masslottery.com/games/promotions/SeasonTicketPromo-July2015.html

              A mind once stretched by a new idea never returns to its original dimensions!

                Avatar
                Simpsonville
                United States
                Member #163189
                January 22, 2015
                668 Posts
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                Posted: July 1, 2015, 2:57 pm - IP Logged

                Yes,

                 

                They mailed out the information this week.  It is the same type of envelope they use when you win something, so naturally thought it was a check!

                The Mass. lottery will not have Powerball for its subscription services.  Said the matrix is changing in October with the first five #'s  going from 59 to 69 and the Powerball # decreasing from 35 to 26.  Price stays the same and they did not post the new odds.

                  Bondi Junction
                  Australia
                  Member #57242
                  December 24, 2007
                  1102 Posts
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                  Posted: July 4, 2015, 12:52 pm - IP Logged

                   

                  In Fiscal Year 2014, the Massachusetts State Lottery returned $974.5 million in net profit to the Commonwealth, of which $920.2 million in Direct Local Aid was distributed to the 351 cities and towns.

                  Lottery revenues are distributed to the 351 cities and towns of the Commonwealth according to a local aid formula established by Legislature. Lottery funds are not earmarked for any specific programs, allowing cities and towns to choose how they would like to spend the funds. For example, hiring new police officers or purchasing firefighting equipment.

                  We all get a lot out of lotteries!

                    Avatar
                    New Member

                    United States
                    Member #164694
                    March 11, 2015
                    7 Posts
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                    Posted: July 5, 2015, 9:13 pm - IP Logged

                    Mass Lottery is a scam.  Bought 6 $20 scratchers and all lost.  I love how on their website it says beware of scams.

                      mikeintexas's avatar - tx avatar-1.gif
                      Texas Panhandle
                      United States
                      Member #136843
                      December 20, 2012
                      1262 Posts
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                      Posted: July 5, 2015, 9:45 pm - IP Logged

                       I believe that the players in Massachusetts spend more on Lottery products per person. They are number one in per capita spending compared with other States.

                       Go Mega Millions & Power Ball !!Wink

                      I think that's correct.  I also believe there are other states in the region that aren't far behind, Delaware and Rhode Island.   I also remember reading that Mass. pays out the most in proportion to money spent.  The last I read, N. Dakota was on the other end of the spectrum, spending the least per capita on the lottery.   I wonder how the recent oil boom there and the availability of good-paying jobs factor into the rankings?  I would think that, with a lot more discretionary income, people there would spend more on the lottery, but I guess they spend more on the "boom town" vices of drinking, drugs,  prostitution and other forms of gambling than on the lottery.

                      I read an article a yr. or two ago that said lottery spending was more than that on sports tickets, movies, books, video games and music combined.