Kentucky lottery revenue grows to $1.20bn in 2019-20
| By Daniel O'Boyle
The Kentucky Lottery Corporation took in record revenue of $1.20bn in its 2020 fiscal year ended 30 June 2020, a 6.2% year-on-year rise.
The Kentucky Lottery Corporation took in record revenue of $1.20bn in its 2020 fiscal year ended 30 June 2020, a 6.2% year-on-year rise.
Online lottery revenue grew 68.0% to $45.0m, however, the Lottery Corporation noted that this was still only a “modest amount” of the total lottery revenue, at 3.7%.
The majority of revenue came from scratchcards, which brought in $741.1m, up 10.7% year-on-year.
Among draw-based games, Powerball revenue fell 32.1% to $49.9m, while Mega Millions revenue was down 41.4% to $37.0m, which the lottery said was due to a lack of large jackpots compared to the 2019 fiscal year.
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