PA Lottery Logs Record Profits

The Pennsylvania Lottery generated record profits of more than $1.3 billion in the last fiscal year, marking the 10th consecutive year net income has exceeded $1 billion.

PA Lottery Logs Record Profits

The Pennsylvania Lottery set a new profit record for the last fiscal year, logging more than $1.3 billion in net income. According to the lottery, the results were driven by more than $5 billion in sales of traditional games such as scratch-off tickets an multi-state lottery games.

Scratch-offs made up almost 71 percent of lottery sales for the year ending in June, totaling nearly $3.8 billion, up 17 percent from the year prior. Draw games, such as Powerball and Mega Millions, accounted for 25 percent, with $1.3 billion in sales, while the Pick 3 game was the third most popular $305 million, accounting for nearly 5.8 percent of sales.

It was the 10th consecutive year the Pennsylvania Lottery has exceeded $1 billion in profits, which the state dedicates to programs benefiting senior citizens.

“We are extremely proud that we kept funds flowing to programs that benefit older Pennsylvanians during a year when many sorely needed this assistance,” Pennsylvania Lottery Executive Director Drew Svitko said in a statement.