Home KSCJ News IOWA LOTTERY SALES DRIVEN BY SCRATCH TICKETS

IOWA LOTTERY SALES DRIVEN BY SCRATCH TICKETS

THE DIRECTOR OF THE IOWA LOTTERY SAYS SALES FOR THE FISCAL YEAR THROUGH OCTOBER ARE SLIGHTLY AHEAD OF BUDGET PROJECTIONS. BUT MATT STRAWN SAYS NOT ALL TYPES OF TICKETS ARE DOING WELL:


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LOTTERY10 OC…….RECENT YEARS” :16

HE SAYS THOSE RISING JACKPOTS CREATE A SNOWBALL EFFECT THAT PUSHES SALES UP, AND THAT’S WHAT’S LACKING SO FAR THIS FISCAL YEAR.

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LOTTERY11 OC……..LAST YEAR” :08

STRAWN TOLD THE STATE LOTTERY COMMISSION THE SALE OF SCRATCH TICKETS AND OTHER PRODUCTS HAVE IMPROVED AHEAD OF NATIONAL INDUSTRY SALES AVERAGES.

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LOTTERY12 OC……ADDITIONAL MACHINES” :17

SCRATCH TICKETS MAKE UP AROUND 67 PERCENT OF LOTTERY SALES.

CHIEF REVENUE OFFICER JOHN ROTH SAYS IOWA IS SEEING BETTER SALES THAN THE NATIONAL INDUSTRY, WHICH WAS DOWN LAST YEAR AND IS ALSO DOWN SO FAR THIS YEAR.

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LOTTERY13 OC….OVERALL PERSPECTIVE” :11

ROTH SAYS IN RECENT WEEKS, THE OVERALL INDUSTRY IS STARTING TO LEVEL OUT AND THE IOWA LOTTERY IS STILL RUNNING SLIGHTLY AHEAD OF THE NATIONAL NUMBERS.

Radio Iowa
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