Kentucky Lottery reports 12.4% increase in sales in July and August
The Kentucky Lottery’s board has announced that sales for the first two months of its 2022 financial year totalled $269.5m.
US.- The Kentucky Lottery has reported that the first two months of the financial year saw sales of $269.5m. This was a year-on-year rise of 12.4 per cent, and US$8.8m more than what was budgeted for the period.
The Kentucky Lottery’s vice president and corporate controller, Maggie Garrison, said net income for the period was $54.6m, which is $981,000 or 1.8 per cent more than the prior year and $43,000 or 0.1 per cent more than budgeted.
The Kentucky Lottery’s board attributed the increased sales to several factors, including a yearly increase of 6.6 per cent in scratch-off game sales to $9.8m and a 43.6 per cent rise in Lucky for Life sales to $1.9m due to draws increasing to seven days per week.
It also saw an increase in Powerball sales, up 25.7 per centm and an increase in Mega Millions sales of 29.8 per cent for the period due to jackpot rollovers, which amounted to $432m for Mega Millions and $523m for Powerball.
ABC 36 News reported that the board has approved rules and regulations for six new scratch-off tickets and new or amended rules and regulations for five new Instant Play games.
