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Kentucky Lottery Sales Reach New High

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The Kentucky Lottery Corporation will remember the Fiscal Year 2019 as their sales reached a new high and set a new record. The company officials stated that this year total sales are $1,129,655,000 which is 8.4% higher than in 2018.

Transfer totaled $272.7M and the hefty sum ($264.9M) was set aside for the General Fund to pay for college scholarships, grants, and education programs. Also, $8.8M from unclaimed prizes went to KEES Reserve Fund. The company directors stated that General Fund transfers were $10.9 million more than last year.

Once again, the largest individual game category was the scratch-off tickets. This category finished the year at $669.2 million, which is a $56 million increase from the year 2018. All of these earning reached new record levels in Kentucky Lottery’s 30-year old history.

Tom Delacenserie, president and CEO of the Kentucky Lottery added:

“That $56 million increase in Scratch-off sales was thanks to a continued focus on marketing and sales strategies.”

Thanks to Keno tickets sold online (via iLottery), the internet lottery sales boomed. This year, iLottery sales made a profit of $26.8 million, which is quite the progress compared to $14.7 million earned last year. Mega Millions proved to be the most lucrative game, earning $63.1 million, which is 58.6% more compared to FY2018.

About records and recent successes, Tom Delacenserie commented:

“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.”

Source: https://europeangaming.eu/portal/latest-news/2019/08/06/52013/kentucky-lottery-sales-reach-new-record/

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Aleksandar Krstic

Aleksandar Krstic

A bachelor of journalism, he spent most of the time of his ongoing career as a custom content creator. Experienced in reporting and information gathering, after finishing his contract in a local news agency, Aleksandar began writing for clients outside his native country. Fluent in English, he wrote various types of content, his work ranging from affiliate articles to news reports and creative stories. Aleksandar spent most of his time writing extensively on a myriad of topics, including history, science, technology, esports, culture (both traditional and modern) and arts.

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