Lottery revenue important to a host of businesses

Lottery Post — Wed, 31 Jan 2007 03:36:00 GMT

If the New York Lottery vanished tomorrow, many store owners would suffer. Their businesses rely on the 6 percent commission they get from lottery sales.

I would not be in business without the lottery, said Mike Palencar, who owns two convenience stores in Webster, N.Y.

He estimates that lottery commissions amount to just 5 percent of his stores' total profit. But sales commissions aren't the only benefit for the lottery's 16,000 vendors statewide. People coming to the stores to buy lott... [ More ]