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Iowa Lottery says gas prices, inflation impacting sales

Mar 24, 2022, 11:27 am

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Insider BuzzInsider Buzz: Iowa Lottery says gas prices, inflation impacting salesRating:

Iowa Lottery sales so far this fiscal year are nearly even through February when compared to the record set last year, but soaring inflation and gas prices are starting to have an effect.

Iowa Lottery spokesperson, Mary Neubauer, says higher gas prices and inflation are starting to show their impact on sales. "That doesn't leave as much money for entertainment options such as the Lottery. So, we are starting to see some of the impact of that," Neubauer says.

Sales of Instant scratch tickets which have long been the Iowa Lottery's top product are down two percent. "Scratch ticket sales probably have been impacted the most directly by these high costs we've seen that are impacting people's pocketbooks. But we understand that," she says.

MegaMillions ticket sales are down and some of that is due to people having less discretionary income — and a lack of bigger jackpots. "MegaMillions sales are down almost 30%. That's what happens in a big jackpot game like that," according to Neubauer. "Those sales are jackpot driven, and so in one year where you have a huge jackpot, you get a bin buster. And then the next year when you don't have that big jackpot, you don't see those same results."

Neubauer says overall there's no big concern in the numbers right now. "It's not that Lottery is having a bad year for sure. We are still going to end up with think with the second-biggest sales year overall — but our sales are being impacted by the bigger picture we are seeing right now," Neubauer says.

Neubauer and other Iowa Lottery officials said they expected things to level out after last year's record year that was driven in part by the pandemic.

Radio Iowa

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11 comments. Last comment 2 months ago by JeetKuneDoLotto.
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United States
Member #180546
March 12, 2017
240 Posts
Offline

Lack of big mega millions jackpots you don't say!  That's what happens when the game is way too easy to win on the East and West coasts.  Iowa never seems to get Mega hitters.

I am the Prince of Thieves!!!


    Belgium
    Member #214858
    April 17, 2021
    2445 Posts
    Offline

    They might put all games to $1 and cheaper. "This is your wake up call ... ". Take Texas All Or Nothing, could be played for $1 or $0.50. Instead of making inflation ...

      jackpotismine's avatar - kanji for_peace.jpg
      Kunming
      China
      Member #57908
      January 23, 2008
      5309 Posts
      Offline

      Here's an idea:LOWER YOUR PRICES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! MAKE PLAYING ONLINE AVAILABLE!!!!!!!!!

      I believe in Occam's razor:

      The Simplest Answer is Usually Correct.Yes Nod

        righttimehitt's avatar - Lottery-050.jpg

        United States
        Member #173333
        February 27, 2016
        175 Posts
        Offline

        Greed is like a cancer.

          righttimehitt's avatar - Lottery-050.jpg

          United States
          Member #173333
          February 27, 2016
          175 Posts
          Offline

          Lower prices and less numbers. Reduce the FAT in state lotteries headquarters.

            Stat$talker's avatar - animated sphere.gif
            700 light yrs West of Milky Way Galaxy's Center
            United States
            Member #200642
            September 1, 2019
            2690 Posts
            Offline

            Rich folkz DON'T play yo Lottery.. Poe folkz dooo.! But you KnUcKlEhEaDz are pricing the very people that keepz yo rigged gamez afloat...right outta the Market...

            "The BIGGER ya are, the HARDER ya Fall!" LOL

            ...MATH... The final Stochastic frontier...

            These are the Lottery Voyages of Stat$talker..!!

            The ongoing Mission,..to seek out the Laws of "Probability Math"...

             to master its rules to invoke...to Conquer ALL Major Jackpots..!!

            ...To boldly go,... Where NO Player has gone before...!!

              hlamb's avatar - batman47
              sarasota,fl
              United States
              Member #116796
              September 19, 2011
              29 Posts
              Offline

              An Excellent idea.

              BNaked

                hlamb's avatar - batman47
                sarasota,fl
                United States
                Member #116796
                September 19, 2011
                29 Posts
                Offline

                Ex Zachery 😂😂

                BNaked

                  hlamb's avatar - batman47
                  sarasota,fl
                  United States
                  Member #116796
                  September 19, 2011
                  29 Posts
                  Offline

                  BINGO!!!

                  BNaked

                    JeetKuneDoLotto's avatar - HINDU 20CIRCLE%20BYGG%202.PNG
                    Ruler Of Flat Earth - King Under The Dome

                    United States
                    Member #161360
                    November 27, 2014
                    887 Posts
                    Online

                    Currently right now, it appears that Joe Biden is tapping the SPR (Strategic Petroleum Reserve) in an effort to mitigate the rising gas prices caused by pesky king of gas prices putin.

                    According to the SPR the maximum amount of Barrels of Oil ever was 726 Million barrels back in 2009.

                    Currently our Build Back Better Green New Steal Advocate,  want to phase out gas automobiles. 

                    In an effort to phase out gas automobiles, all oil production will "maybe" cease.  But his 81 million voter base aint gonna go for that, as its political suicide.

                    But the guy is a walking corpse, so I guess he has put all his chips in.

                    As of April 6, the SPR had 565 million barrels.

                    Using my crappy math skills that are keeping me from winning the lottery, I have estimated that since that time Joe "Green New Steal" Biden, has reduced the 

                    capacity to now 450 Million barrels.

                    If Putin really wants to De-Nazify Ukraine, and Joe Biden keeps giving the Nazis Money and Weapons...(Nazis in Charlotessvile Bad/Nazis in Ukraine Good)

                    then Putin gonna have a hard time winnin this war, and the war could extend to at a worse case scenario, December.

                    Since Biden does not seem to be interested in brokering a peace deal, and does not want to start up petroleum production, then the SPR will be depleted to ZERO in four months.

                     

                      But I guess there are some laws and such that would prevent that from happening.

                    Because at that point Low lottery sales, not gonna be the problem to worry about, but imminent INVASION from China, and since we aint got no solar tanks, then well...

                    Elon just bought Twitter, and Trump about to post on Truth Social, so they gonna warn us hopefully.

                     

                    Lets see what Biden gonna do.  His Politcal Choices is just suicide and its gonna cause a RED TSUNAMI in November.  I surely hope Biden can activate his most comprehensive voter fraud organization in history in order to protect our Democracy!! 

                      JeetKuneDoLotto's avatar - HINDU 20CIRCLE%20BYGG%202.PNG
                      Ruler Of Flat Earth - King Under The Dome

                      United States
                      Member #161360
                      November 27, 2014
                      887 Posts
                      Online

                      Here's an idea:LOWER YOUR PRICES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! MAKE PLAYING ONLINE AVAILABLE!!!!!!!!!

                      My state has made online playing available.

                      I am a little nervous to mention it, like I might jinx it or something.

                      As a matter of fact I was trying to play PATH on line.  And i couldn't.  They were updating something or other.

                      So I missed that draw.   Then the next day pick 3 was available.  So I suppose that was the big update.

                      I got all excited and starting building my charts. 

                      I played a bunch of draws, but then KAPUT.  It disappeared for a couple of weeks.

                      I was like, "did I jinx it'?

                      But its back again.

                      It is very convenient and a great resource.

                      I am just afraid I may go from hermit to super hermit.