The Pennsylvania Lottery Reports $5 Billion in Game Sales

The Pennsylvania Lottery just recorded its tenth consecutive year in which the profits are running high. On Monday, the PA Lottery announced that the profits for the last fiscal year were north of $1.3 billion. Additionally, more than $5 billion was made by traditional game sales like multi-state draws and scratch-offs.

Speaking on the revenue that the PA made, the organization stated that the money will be used to fund various projects that will help Pennsylvania’s elderly residents. Some of those projects include prescription assistance, property tax rebates, free transportation and rent rebates.

The PA Lottery Is Proud to Help The Citizens in Need

The previous record that was held by the PA Lottery in terms of revenue was 2018/19. During this fiscal year, the organization recorded a profit of $1.1 billion and a total of $4.5 billion in sales. Generally speaking, the casino revenue in the state of Pennsylvania managed to bounce back and record $3.9 billion revenue for this fiscal year, which is amazing, as these institutions were able to withstand all of the obstacles that came with the COVID-19 pandemic.

Drew Svitko, the executive director of the PA Lottery, stated that the entity is proud to have such massive revenue and thus, be able to help the elderly in a year where assistance is what they need the most.

Pennsylvania Lottery Revenue By The Numbers

The last fiscal year ended on June 30 and the PA Lottery issued a detailed breakdown of its revenue. As data shows, scratch-offs were responsible for $3.8 billion of the total revenue, which is around 71% of lottery sales. Compared to the previous fiscal year, that is a 17% increase.

Powerball, Mega Millions and other draw games had $1.23 billion in revenue, which is around 25% of the sales. The Pick 3 game was the third most popular game, as it had revenue of $305 million, or around 5.8% of the sales.

According to the PA Lottery, Powerball and Mega Millions jackpots were the main factors that drove the massive revenue and Mega Millions had a massive rise. At one point in January 2021, the Mega Millions jackpot rose to almost $850 million. But, it wasn’t until May when a resident in Bucks County won a $516-million jackpot with a Mega Millions ticket.

The three aforementioned types of games generated a majority of the revenue for PA, but, according to the organization, online games also had massive success. Their revenue was $887 million, which is a $156-million increase from the previous fiscal year.

During the 2020-21 fiscal year, a total of 97 tickets had prizes of $1 million or above. Finally, Lottery retailers in Pennsylvania bagged $329 million in this fiscal year. Compared to the previous one, that is a $71-million increase.