Kentucky Lottery reports strong sales in May

Despite the pandemic, the Kentucky Lottery saw good financial results in May.
Despite the pandemic, the Kentucky Lottery saw good financial results in May.

Kentucky Lottery’s board of directors has revealed figures showing strong sales in May.

US.- The Kentucky Lottery Corporation has revealed its financial results for May reporting strong sales despite the impact of the Covid-19 pandemic.

Interim Chief Operating Officer Maggie Garrison said that May sales were US$132.1 million – 31.9 per cent or US$33.7 million more than budgeted.

She said the revenue will help the company meet the budgeted sales for the 2020.

Garrison said: “This was led by increases in our scratch-off ticket sales, which jumped 46 per cent or $29.4 million more than expected.”

Total Scratch-off sales for the month were US$93 million. Garrison said the daily Pick 3 and Pick 4 draw games also saw significant increases.

She said that June sales are expected to be similar.

Interim President and CEO Marty Gibbs said: “Through April our sales were $57 million behind budget, as the initial weeks of the pandemic were experienced. Opportunities for discretionary spend were limited and lottery products were available, which led to a significant rebound in May.”

Due to pandemic, the lottery suspended all product advertising and it halted keno monitors in the state when the lockdown measures were imposed in March. Those measures have been lifted across the Commonwealth of Kentucky in recent weeks.

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