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Despite sales influx from $2B Powerball, Massachusetts Lottery ticket sales falter
The Massachusetts State Lottery Tuesday stated it could be in some financial trouble regarding its overall sales for the fiscal year, despite the massive ticket sales generated by the recent Powerball jackpot worth $2 billion.
According to Lottery Interim Director Mark Bracken, as of Sunday, lottery sales for the 2023 fiscal year are $22.5 million less than what they were for fiscal 2022. This includes overall instant ticket and scratch ticket sales, but it's an improvement from the $60 mill
Dec 2, 2022, 8:10 am - Lottery News
Online play taking off: Virginia Lottery hits milestone $2 billion awarded
Lottery sees increase in profits as well as major payouts
By Kate Northrop
The Virginia Lottery is seeing huge profits and payouts since the launch of its online games just two years ago.
Online players in Virginia have won over $2 billion in online prizes in a little over the past two years alone, the Virginia Lottery reported on Thursday.
Lottery players in Virgina have the ability to purchase and redeem tickets from the convenience of their personal devices for games including
Oct 5, 2022, 7:08 am - Lottery News
UK National Lottery sees sales dip due to growing economic uncertainty
People have been tightening their wallets following COVID-19 restrictions
By Kate Northrop
The UK National Lottery is taking a financial hit amidst the growing economic uncertainty that is leading players to hang on to spare change that might otherwise be spent on tickets.
Last week, the National Lottery announced that it is reporting its best-ever returns to good causes for the second consecutive year, despite seeing a significant dip in ticket sales.
For the second year runni
Jul 11, 2022, 12:10 pm - Lottery News
Iowa Lottery says gas prices, inflation impacting sales
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 ticket
Mar 24, 2022, 11:27 am - Lottery News
Rising gas prices may impact lottery sales
Arkansas Lottery Director says they are not surprised about potential dip in sales
By Kate Northrop
With gas prices on the rise, players may be cutting back on their lottery spending in the near future.
State lotteries may begin to see a downward trend in their revenue stream in the upcoming months should lottery players start to rethink their budget to accommodate for rising gas prices.
The Arkansas Democrat-Gazette interviewed Vicki Skaggs of Benton, Arkansas, an office manag
Mar 14, 2022, 8:48 am - Lottery News
Ireland Lottery retailers trying to keep up with jackpot frenzy
Stores are stuffed with hopeful lottery players ahead of the must-win Lotto draw
By Kate Northrop
Ireland National Lottery retailers are experiencing a massive surge of lottery ticket sales in advance of the must-win Lotto draw to be held on Saturday.
On Thursday, the Lottery announced that one or more players are guaranteed to win the record-breaking 19.06 million (US$21.81 million) Lotto jackpot in a will be won event after it rolled seven months without a winner.
Since the a
Jan 14, 2022, 4:13 pm - Lottery News
Texas Lottery reaches record $8 billion in sales
Lottery achieves its highest revenue transfer ever
By Kate Northrop
Last week, the Texas Lottery announced that it not only broke its own sales record for the 11th-consecutive year, but it also crossed the whopping $8 billion mark for its fiscal year sales total.
Having surpassed the $8 billion milestone, the Lottery reported a massive $1.998 billion contribution to state education and veterans, its highest yet.
When then-Gov. Ann Richards purchased the first Texas Lottery scratch t
Sep 28, 2021, 6:42 pm - Lottery News
Kentucky Lottery reports record $1.3 billion in sales
Lottery sees highest sales in state history
By Kate Northrop
The Kentucky Lottery announced during a board of directors meeting last week that its sales are at an all-time high, the largest in the organization's 32-year history at $1.3 billion.
Vice President and Corporate Controller Maggie Garrison reported some impressive figures at the meeting. For the fiscal year-to-date sales (July-April), the Lottery took in $1.3 billion, $369.7 million (39.6%) higher compared to the same period l
May 19, 2021, 4:45 pm - Lottery News
Mississippi Lottery could begin funding education by 2021
Lottery posts promising results after less than one year in operation
By Kate Northrop
The Mississippi Lottery's first year in operation has been an eventful one, from selling its first-ever lottery ticket in November 2019 to battling sales dips caused by COVID-19 just four months later. Yet, it's currently traveling down the road to success, having transferred $70.7 million to the state treasury in less than one year in operation.
This could very well mean that the Lottery is set up to
Sep 29, 2020, 2:01 pm - Lottery News
State lotteries exceed expectations in 2020
Despite hardships, lotteries are breaking sales records
By Kate Northrop
In previous months defined by economic hardship brought on by the global pandemic, the lottery industry has proven to be a beacon of light, with some state lotteries defying expectations and exhibiting record sales.
The Texas Lottery, which has made headlines recently for its internationally-ranking Lotto Texas jackpot (now standing at $45.5 million), is also exceeding expectations with its 10th-consecutive record-
Sep 25, 2020, 4:29 pm - Lottery News