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Kentucky Lottery Sales Reach New Record

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Kentucky Lottery Sales Reach New Record
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The Kentucky Lottery Corporation has announced that its sales results for the Fiscal Year 2019 have set a new record. The total sales during the Fiscal Year 2019 is $1,129,655,000, which is $87.1 million more (8.4% higher) than the previous record set in FY18.

Transfers totalled $272.7M, of which $263.9M went to the General Fund to pay for college scholarships, grants and education programs, and $8.8M from unclaimed prizes to the KEES Reserve Fund. The General Fund transfers were $10.9 million or 4.3% more than last year. Both of these figures are record levels in the Lottery’s 30-year history.

Scratch-off tickets once again were the largest individual game category, finishing the year at $669.2 million. This is a $56 million increase from the previous year.

“That $56 million increase in Scratch-off sales was thanks to a continued focus on marketing and sales strategies,” Tom Delacenserie, president and CEO of the Kentucky Lottery said.

Internet lottery sales also showed significant growth, due in large part to the first full year of sales of Keno tickets via the iLottery platform and the introduction of new Instant Play games. iLottery sales finished the year at $26.8 million, up more than 82% from the $14.7 million in FY18. Mega Millions saw the largest percentage increase of any game, rising 58.6% ($23.3 million) to $63.1 million.

“Coming off a record year in FY18 with this kind of a sales jump in FY19 is a massive accomplishment by any set of metrics. Equally impressive is the dedication and commitment to excellence shown by the entire Kentucky Lottery staff and our retail partners across the Commonwealth. I’m proud of what we’ve been able to accomplish,” Delacenserie said.

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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