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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 forum

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 forum

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 forum

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 forum

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 forum

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 forum

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 forum

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 forum

Some lotteries see spike in sales growth amid pandemic
Not all lotteries mired in economic difficulty By Kate Northrop While some state lotteries are left trying to figure out how to make up for sales deficits in the wake of the COVID-19 pandemic, other states are experiencing surges in lottery sales inversely driven by the overall economic slump. With the closure of thousands of retailers across the country, players were generally limited in their ability to purchase lottery tickets out of convenience. Sales for the major Powerball and Meg ...
Jul 15, 2020, 10:43 am - Lottery News forum

Pandemic continues to batter state lotteries and programs
While some states see sales increases, others bear the economic brunt By Kate Northrop Unsurprisingly, the ongoing COVID-19 pandemic continues to batter state programs and lotteries as lottery revenue streams take a hit. While some state lotteries saw unprecedented sales increases within the past few months, diminished sales in other states leave others in a realm of uncertainty, looking for ways to make up for the deficits. Sales for nationwide draw games and state lottery games alike ...
Jul 13, 2020, 5:01 pm - Lottery News forum

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