Hoosier Lottery sales are down this year, but not as much as expected.
Lottery sales jumped by a quarter last year. Director Sarah Taylor says that spike was a pandemic effect. When grocery stores were open and theaters and clubs weren’t, people turned to the lottery as an available source of entertainment. Taylor says no one expected that increase to be sustainable, and it wasn’t.
Sales and profits are down, but not as much as the lottery budgeted for. The lottery expects to return 340-million dollars to the state when it closes the books on the fiscal year June 30 — 11-percent less than last year, but 15-million dollars ahead of what was expected.
The lottery expects ticket sales to remain essentially flat next year.
1 comment
I don’t know that the lottery was a source of “entertainment” during the pandemic because it just doesn’t take up that much time to play. I will agree that lots of “free” COVID dollars got spent on the lottery, and I would also postulate that the collapsing economy will hurt lottery sales as people choose to buy food and gasoline instead (and rightly so).
This smells like someone running cover for the Biden collapse.