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Kentucky Lottery hits record sales in third quarter
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.
Apr 25, 2006, 10:06 am - Lottery News
Powerball Back-to-Back Jackpots Set Record
Just when it seemed as if the Powerball game had broken all records, yet another milestone has been set with the current jackpot of $220 million: It's the first time two consecutive jackpots have surpassed $200 million.
The staggering $220 million jackpot for tomorrow night's drawing follows the last record-setter of $365 million, won in February by a group of eight third-shift workers at a meat-packing plant in Lincoln, Nebraska.
The last time two big jackpots paired up was in 2003, when
Apr 12, 2006, 9:12 am - Lottery News