xysoom: Ohio Lottery ticket sales up in May

Ohio Lottery ticket sales up in May

7 Jul 2020 at 02:30
Much of the economy may be in a slump due to the pandemic. But Ohio Lottery ticket sales are booming.Amid high unemployment, Ohioans are spending more on lottery tickets, rather than socking away the money into an emergency fund.Get more news about 菲律宾彩票包网平台,you can vist loto98.com

Ohio Lottery Finance Director Gregory Bowers, in a report to the Ohio Lottery Commission last week, said traditional ticket sales in May were up 24% over May 2019 to nearly $352 million. Net scratch-off sales, which make up roughly half of traditional ticket sales, surged 53% to $216 million statewide last month. Scratch-off tickets, produced by companies Scientific Games and IGT Global Solutions Corp., can cost $1 to $30. Revenue from daily numbers games tickets were up by about 35%.

And Ohio’s seven racinos closed in March as part of state orders due to the coronavirus, cutting off revenue from the Ohio Lottery’s roughly 11,500 video lottery terminal machines. From July to May, video terminal revenue is down about 20% to about $261 million. The large ticket sale increases were not enough to offset that loss. The state will allow the racinos to reopen on Friday.Games also like Keno were impacted by the closures of restaurants and bars. Revenue for Keno fell about 29%. But Bowers said sales have recovered and Keno sales have risen each week for 10 weeks as Ohio has reopened.

Lottery ticket sales in select Northeast Ohio counties Here’s a look at the traditional lottery ticket sales in select Northeast Ohio counties, including scratch-off tickets from March to May 2020 and the percentage difference from March to May 2019*: By law, Ohio Lottery profits have to fund schools. As a result of the loss of video lottery terminal revenue, the Ohio Lottery said it sent nearly $94 million in May to the Lottery Profits Education Fund, $6.7 million less than May 2019.

The total decline for the period from July to May is $27.9 million. In the fiscal year ending June 2019, the Ohio Lottery paid $1.15 billion into the Lottery Profits Education Fund.More people are staying at home and they got their more unemployment money, and I think that’s why they’re spending more money on it,” said Lenhart, who referred to the extra $600 a week in unemployment benefits being paid through the end of July to those who had lost their jobs. He said he’s spending about the same on tickets, about $100 a week, on games like the $3 Million Dazzler and the 45th Anniversary.


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