Bracken said the season is one of the two biggest stretches for the Mass. The upcoming holidays might offer at least a bit of relief. Lottery sales, continues to skid.Ĭompared to the same period last year, instant ticket sales through October were down $76.4 million or 5.7 percent and Keno sales were down $9 million or 2.2 percent, though Keno fared slightly better in October 2022 than it did in October 2021. The performance of scratch tickets and Keno, which together make up nearly 85 percent of all Mass. The Lottery is a major source of local aid, so any fluctuations in revenues are closely watched for that reason.Īlthough total sales figures have not yet been published for November, Bracken told the News Service after Tuesday's meeting that a surge in Powerball sales this month - when the jackpot climbed to $2 billion - cut the year-to-date sales shortfall to $22.5 million.īracken said he remains worried about the Lottery's sales outlook because the agency does not have much control over jackpot-driven games. State officials in recent years have added casinos in Massachusetts and sports betting is set to debut early next year, adding to the mix of gaming revenues that state and local government have become dependent on. Over the first four months of fiscal year 2023, Lottery sales were down $52.3 million compared to the first four months of fiscal year 2022, a 2.6 percent decrease. The better performance chipped away at a months-long skid, but could not wipe it away. Taken together, the boost in sales and decline in prize payments led to a net profit of $90.1 million in October, which was $12.3 million higher than October 2021. Most of the growth was driven by draw games such as Powerball, while monitor games also sold slightly more and the Lottery paid out $5.8 million less in prizes compared to the same month last year. In October, the Lottery sold a combined $439.9 million in products, an increase of $8.3 million or 1.9 percent over October 2021, according to figures Bracken presented to the Lottery Commission on Tuesday. Right now, what we're seeing is that our sales are really indicative of jackpot-driven games and not games that we have control over." "The only reason why our sales have rebounded a little bit is because of the Powerball jackpot. "We are still very concerned about our sales for the current fiscal year," Bracken said. However, Bracken told the News Service he thinks the boost in October and November is an "outlier." That's a marked improvement from the more than $60 million gap reported through September. Through Sunday, year-to-date Lottery product sales lagged the same stretch last year by about $22.5 million, according to Interim Executive Director Mark William Bracken. (State House News Service) - Massachusetts Lottery sales have improved in the past two months thanks in large part to interest in a huge Powerball jackpot, but officials remain worried a broader slowdown that left the agency tens of millions of dollars behind last year's pace will persist. cities and towns to win big with surge in lottery ticket sales 02:38īy Chris Lisinski, State House News Service
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