Year-to-date Kentucky Lottery sales continue to surpass last year’s record-breaking level.
It was announced in at the meeting of the Kentucky Lottery Corporation’s board of directors.
Vice President and Corporate Controller Maggie Garrison reported FY18 year-to-date sales (July 2017 through February 2018) were $670.9 million. That’s $31.3 (4.9%) more than the record-setting level achieved in FY17.
“This increase is due in large part to great performance from our Powerball and Mega Millions games, both of which have seen nice jackpot runs in recent months,” said Garrison. Powerball sales are up $6.9 million (13.9) from the previous year, and Mega Millions sales are up $5 million (25.4%).
President and CEO Tom Delacenserie reported the overall picture looks bright.
“We ended February less than one half of one percent behind our budgeted sales figure, but March has really helped improve an already healthy bottom line,” said Delacenserie. “Both Powerball and Mega Millions saw jackpots in excess of $400 million during the month, and the launch of four new Scratch-off games led to a sales week surpassed only by the very first week of ticket sales in KY back in 1989. “We’re aligned to finish the last quarter of the year on a very strong note.”
In other business, the board approved contract renewals with:
• Garron Lottery Products for draw machine balls and machine maintenance;
• Smartplay International for draw machine maintenance;
• Gaming Laboratories International for lottery ball testing, random number generator evaluation and related services;
• Goldberg Simpson, LLC and Valenti Hanley, PLLC for legal services.
The board also approved:
• A contract amendment with Ellipse Solutions LLC for enterprise resource planning implementation and related services;
• A new contract with Blue & Company for draw audit and related services;
• A new contract with Linq3 Technologies LLC for lottery card products and related services, and;
• Rules and regulations for 10 scratch-off tickets, artwork and prizes structures for four scratch-off tickets, and rules relating to internet purchases for 20 games.
