Kentucky Lottery reports record $1.3 billion in sales

May 19, 2021, 4:45 pm (7 comments)

Kentucky Lottery

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 last year.

One major explanation for the sales boost is the way the pandemic affected player behavior and entertainment availability.

"We've been in a unique position to thrive during the pandemic," Kentucky Lottery President and CEO Mary Harville said. "When most all other forms of entertainment were shut down during the early part of the pandemic, most of our retailers, gas stations and grocery stores, remained open. We made sure they were well-stocked with fun and entertaining games at a variety of price points."

While scratch-off games typically make up a large majority of a lottery's income to begin with, sales for instant games went through the roof this past year. In Kentucky, scratch-off sales for the year-to-date period in 2021 were $790.1 million compared to $563.7 million in 2020. That's a whopping $226.4 million (40.2%) difference between the two years for instant games alone.

But scratch-off tickets were not the only driving force behind the dramatic surge. Garrison also reported a 243% increase in online sales, with the iLottery platform recording $107.1 million in sales year-to-date up from $31.2 million for the same period last year.

All in all, the Lottery logged a $290.5 million year-to-date net income, a $82.2 million (39.4%) more than last year and $61 million (26.5%) greater than budget.

"I really believe players rediscovered the fun of lottery games during that period, and, as things have opened up, it's clear they've continued to enjoy our games," Harville concluded.

Lottery Post Staff

Comments

noise-gate

Big Smile Stack47 contributed mightily to that sum. Last l heard, he had wagered close to $250K. A man who loves both he's State and it's lottery. He lives to serve. What a guy! Big Smile

Bleudog101

We've donated quite a bit to this (lol, not really)!

 

Finally got new phones where we can check our tickets, enter second chance drawing.   As for me I purchase some tickets with it though I prefer on-line and in person.  The biggest disadvantage to on-line/phone purchases that IF the jackpot were to be won on either route, KLC told me they will not cut separate checks like they would otherwise.  Sure wouldn't want that tax burden on my shoulders!!

Anxiously waiting for Pick 3 & 4 on-line...

Stack47

Quote: Originally posted by noise-gate on May 19, 2021

Big Smile Stack47 contributed mightily to that sum. Last l heard, he had wagered close to $250K. A man who loves both he's State and it's lottery. He lives to serve. What a guy! Big Smile

$250K is chump change compared to what some players wager. Counted 46 $20 scratch-offs piled up next to the scanner. Knew better, but still checked them all. Wink No winners!

Bleudog101

Quote: Originally posted by Stack47 on May 19, 2021

$250K is chump change compared to what some players wager. Counted 46 $20 scratch-offs piled up next to the scanner. Knew better, but still checked them all. Wink No winners!

Put them into your account...I won an Ipad Mini from them four years ago.

Last week found a $5 winner, three years before a $200 winner.

winterhug

Quote: Originally posted by noise-gate on May 19, 2021

Big Smile Stack47 contributed mightily to that sum. Last l heard, he had wagered close to $250K. A man who loves both he's State and it's lottery. He lives to serve. What a guy! Big Smile

I know the article is about the Kentucky lottery but someone spending 250K on lottery tickets is no money at all compared to what some people send or have spent. Youtuber Mr. Beast (Jimmy Donaldson) 23, spent 1 Million Dollars on lottery scratch-off tickets. With a lot of those scratch-off tickets being the $50 dollar tickets. I think when he and his friends finished scratching and scanning all those tickets, I think Mr. Beast lost about 250K. There are people spend some serious money on the lottery. 

noise-gate

Quote: Originally posted by winterhug on May 20, 2021

I know the article is about the Kentucky lottery but someone spending 250K on lottery tickets is no money at all compared to what some people send or have spent. Youtuber Mr. Beast (Jimmy Donaldson) 23, spent 1 Million Dollars on lottery scratch-off tickets. With a lot of those scratch-off tickets being the $50 dollar tickets. I think when he and his friends finished scratching and scanning all those tickets, I think Mr. Beast lost about 250K. There are people spend some serious money on the lottery. 

Point taken WH- l was being conservative in my estimation. Had l posted $2 mil, it would have been outrageous. 

Mizzisht

ALOT of that profit came from trips & quad sales! No trips in 8 months!?! DROP EM ALREADY, SHEESH!

End of comments
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