International edition
October 21, 2020

The majority of its retailers remained open

Georgia lottery record sales during coronavirus pandemic

Georgia lottery record sales during coronavirus pandemic
It’s the ninth straight 12 months that the lottery has set gross sales and revenue data.
United States | 07/16/2020

The Georgia Lottery Corp. says profits hit a new record of $1.24 billion for the budget year ended June 30.

T

he Georgia Lottery Corp. mentioned that earnings delivered to the state hit a brand new document of $1.24 billion for the price range 12 months ended June 30. That continued a rebound after gross sales had initially dropped in March on the onset of COVID-19 restrictions.

It’s the ninth straight 12 months that the lottery has set gross sales and revenue data. Proceeds from the lottery finance school assist referred to as Hope Scholarships and preschool lessons. Lawmakers had initially requested businesses to have a look at cuts in that spending, however left it intact as lottery gross sales rebounded.

Brad Bohannon, the Georgia Lottery Corp.’s Vice President, informed lawmakers in Could that use of the lottery’s on-line choices, which permit individuals to purchase tickets and play dozens of on-line playing video games at house, had jumped 50% in April and early Could.

The lottery mentioned Tuesday that the majority of its retailers remained open, and that it benefited as a result of different types of leisure had been restricted. Sports activities betting and on line casino playing stay unlawful in Georgia, with lawmakers spurning efforts to legalize them once more this 12 months.

Lottery President and CEO, Gretchen Corbin mentioned the efficiency was particularly noteworthy as a result of a document $1.5 billion jackpot within the multistate MegaMillions lottery in 2019 had fueled large gross sales.“Our group has been laser centered on delivering the best quantity potential to the state in a 12 months the place we first centered on outpacing 2019, the 12 months of one of many largest jackpots in historical past, after which added COVID-19 challenges to our purpose to surmount,” Corbin mentioned in an announcement.

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