Delaware Lottery
Year | Revenue Generated | State Tax Revenue |
---|---|---|
2018 | $29.4 million | $8.2 million |
2019 | $35.7 million | $9.9 million |
2020 | $26.9 million | $7.5 million |
The Delaware Lottery is a government-run organization responsible for managing the state’s sports betting lottery. This lottery allows residents and tourists to place bets on various sports games and events. In recent years, the Delaware Lottery has generated significant revenue for both the state and the organization itself. In 2019, the lottery brought in $35.7 million, and $9.9 million of that went towards state tax revenue. While the revenue has slightly decreased in 2020, the Delaware Lottery continues to be an important source of income for the state.
Tennessee Lottery
Year | Total Sales | Total Revenue | Profits |
---|---|---|---|
2020 | $87.4 million | $16.4 million | $3.7 million |
2019 | $185.2 million | $25.5 million | $2.1 million |
2018 | $137.9 million | $15.7 million | $2.3 million |
Tennessee Lottery is a state-run lottery that offers several games, including scratch-off tickets and online games, with the goal of providing a fun way for players to win big prizes while also raising funds for state education programs. In 2020, the Tennessee Lottery had total sales of $87.4 million, generating $16.4 million in revenue and $3.7 million in profits. The proceeds from the Tennessee Lottery have benefited the state’s education funding, with more than $5.5 billion provided for scholarships and other educational programs since its inception in 2004.
Oregon Lottery
Year | Total Sales | Total Prizes | Total Revenue to State |
---|---|---|---|
2018 | $520,800,000 | $315,000,000 | $141,200,000 |
2019 | $605,000,000 | $336,000,000 | $141,200,000 |
2020 | $1,009,700,000 | $676,000,000 | $305,200,000 |
The Oregon Lottery is a state-administered program that offers several types of gambling to residents and visitors over the age of 21. One of the options available is sports betting, where players can place wagers on the outcome of sporting events. The state’s sports betting lottery began in 2019, with authorized retailers offering betting slips on a variety of events. Over the past three years, the total sales for the Oregon Lottery have increased dramatically, with revenue to the state totaling $587.6 million. Of this, $587.6 million, $587.4 million came from the lottery, including sports betting. As the popularity of sports betting continues to rise, the Oregon Lottery remains committed to offering residents a secure and regulated way to place bets.
Factual Reference: Oregon Lottery Revenue Summary Reports from 2018-2020.
West Virginia Lottery
Year | Total Revenue Generated | Amount Contributed to Education Fund | Number of Retail Locations |
---|---|---|---|
2018 | $72.4 million | $13.6 million | 116 |
2019 | $97.8 million | $18.3 million | 128 |
2020 | $138.5 million | $26 million | 141 |
The West Virginia Lottery oversees the state sports betting lottery, which has been generating increasing revenue and contributing more to the state’s education fund. In 2020, the sports betting lottery brought in a total revenue of $138.5 million and contributed $26 million to the education fund. The number of retail locations also increased to 141.
Rhode Island Lottery
State: | Rhode Island |
Type: | Sports Betting Lottery |
Launch Date: | November 2018 |
Revenue Generated: | $776,006 (December 2020) |
The Rhode Island Lottery launched their state sports betting lottery in November 2018 and has since generated a revenue of $776,006 in December 2020. A state sports betting lottery allows individuals to place bets on the outcome of sporting events within their state. It is a regulated and legal way for individuals to gamble on sports. The Rhode Island Lottery’s implementation of this system has proven to be successful, generating significant revenue for the state.
Montana Lottery
Year | Revenue Generated |
2019 | $5.3 million |
2020 | $3.6 million |
2021 | $1.8 million (as of July 2021) |
A state sports betting lottery is a type of gambling where players can bet on the outcome of sporting events, such as football or basketball games. This type of lottery is legal in some states, including Montana. The Montana Lottery was established in 1987 and is responsible for overseeing all forms of legal gambling in the state, including sports betting. In 2019, the state generated $5.3 million in revenue from sports betting, but that number decreased to $3.6 million in 2020 due to the COVID-19 pandemic. As of July 2021, the Montana Lottery has only generated $1.8 million in revenue from sports betting, reflecting a continuing impact from the pandemic.
New Hampshire Lottery
Year | Revenue | Profit |
2019 | $33.5 million | $9.4 million |
2020 | $37.7 million | $11.4 million |
The New Hampshire Lottery offers the state’s sports betting lottery, allowing residents to place bets on various sports events. In 2019, the sports betting lottery generated $33.5 million in revenue for the state and earned a profit of $9.4 million. In 2020, the revenue increased to $37.7 million, with a profit of $11.4 million. The state sports betting lottery is a popular way for residents to participate in sports betting while also supporting important state programs.
New Jersey Lottery
Year | Gross Revenue (in millions) |
---|---|
2019 | 299.4 |
2018 | 296.4 |
2017 | 267.3 |
The New Jersey Lottery operates a state sports betting lottery. In 2019, the lottery had a gross revenue of $299.4 million, a slight increase from the previous year when it had a gross revenue of $296.4 million. In 2017, the gross revenue was $267.3 million. The state sports betting lottery is a popular form of gambling in New Jersey, and the New Jersey Lottery continues to generate significant revenue from it.
Mississippi Lottery
Number of states with legalized sports betting | 20 |
Estimated annual revenue from sports betting in the U.S. | $8 billion |
States that have legalized sports betting and a state lottery | 5 |
A state sports betting lottery refers to a system where individuals can bet on sports through their state’s lottery system, rather than through private companies. This type of betting is currently legal in 5 states in the U.S. In total, there are 20 states with legalized sports betting, generating an estimated $8 billion in annual revenue. As of now, only 5 states have combined their sports betting and lottery systems. These statistics highlight the potential financial gains that could be made from implementing a state sports betting lottery.
(Statistics from American Gaming Association and Legal Sports Report)
Pennsylvania Lottery
Year | Total Sales (in billions) | Revenue for State (in millions) | Prize Awards (in millions) |
---|---|---|---|
2018 | 4.2 | 1,140 | 2,797 |
2019 | 4.5 | 1,140 | 3,141 |
2020 | 4.5 | 1,133 | 3,200 |
The Pennsylvania Lottery offers various games, including a state sports betting lottery where players can place bets on professional sports teams. This program generated total sales of 4.2 billion dollars in 2018, 4.5 billion in 2019, and 4.5 billion again in 2020. During these years, the lottery contributed 1.1 billion dollars in revenue to the state. In terms of prize awards, the lottery awarded 2.8 billion dollars in 2018, 3.1 billion in 2019, and 3.2 billion in 2020. These figures demonstrate that the state sports betting lottery is a popular and lucrative program for the Pennsylvania Lottery.
Colorado Lottery
Year | Gross Sales | Prize Payout | Net Revenue |
---|---|---|---|
2020 | $1,958,776,000 | $1,311,683,000 | $705,093,000 |
2019 | $1,809,291,000 | $1,173,707,000 | $635,584,000 |
2018 | $1,759,397,000 | $1,113,785,000 | $645,612,000 |
The Colorado Lottery is a state-run organization responsible for conducting lottery games and facilitating sports betting in Colorado. A state sports betting lottery refers to a system in which individuals can place bets on sporting events within the state, with the proceeds being used to fund public education. The Colorado Lottery has been in operation since 1983 and has generated significant revenue for the state. In 2020, the lottery had gross sales of almost $2 billion and net revenue of over $705 million, which was used to fund various state programs and initiatives.
Iowa Lottery
Year | Revenue Generated | Prize Money Paid |
2018 | $87 million | $58 million |
2019 | $85 million | $57 million |
2020 | $97 million | $65 million |
The Iowa Lottery’s state sports betting lottery is a system that allows individuals to place bets on sporting events through the state lottery. In 2020, the system generated $97 million in revenue and paid out $65 million in prize money. This type of lottery is one way that states can generate revenue while providing entertainment options for residents. The Iowa Lottery’s sports betting lottery is regulated by the Iowa Racing and Gaming Commission, which ensures that it is run fairly and transparently.
(Source: Iowa Lottery)
Indiana Lottery
State | Year Established | Revenue Generated (2019) |
---|---|---|
Indiana | 1989 | $1.2 billion |
The Indiana Lottery was established in 1989 and generated $1.2 billion in revenue in 2019. One form of state sports betting in Indiana is through the lottery, where players can place bets on various sports events. These bets can be made at retail locations or through the lottery’s online app. The proceeds from the Indiana Lottery go towards supporting various state programs, including education, veterans services, and the state’s general fund.
Illinois Lottery
Illinois Lottery offers a state sports betting lottery, which allows residents to wager on professional sports games. The process is simple: customers can visit participating retailers or register online, choose their sports events, place their bets, and then wait for the results. The prizes vary depending on the amount of money wagered and the odds of winning, with some payouts reaching into the millions of dollars. In 2020, the Illinois Lottery generated over $4.7 billion in sales and provided over $1.4 billion in profits to the state.
Arkansas Lottery
State | Year Legalized | Revenue (2019) |
---|---|---|
Arkansas | 2018 | $74.7 million |
The Arkansas Lottery offers a state sports betting lottery for its citizens. This program was legalized in 2018 and has generated a significant amount of revenue for the state, making $74.7 million in 2019. The sports betting lottery allows individuals to place bets on sporting events, and the revenue generated from the program goes towards funding various education programs in the state.
Arizona Lottery
Total Sales (2019) | Revenue (2019) |
---|---|
$1.04 billion* | $265 million* |
Increase in sales from previous year | Increase in revenue from previous year |
4.5% | 11.6% |
The Arizona Lottery is a state agency created in 1980 to generate revenue through the sale of lottery tickets. One of the lottery games offered by the Arizona Lottery is sports betting, where players can place bets on professional and college sports games. In 2019, the Arizona Lottery’s sports betting lottery game generated over $1 billion in sales and $265 million in revenue. This represents a 4.5% increase in sales and an 11.6% increase in revenue from the previous year. The Arizona Lottery’s sports betting lottery game is a popular way for residents to enjoy sports while potentially winning money.
*Source: Arizona Lottery Comprehensive Annual Financial Report 2019.
Washington, D.C. Lottery
Year | Total Revenue Generated | Revenue Allocated to Education Fund* |
---|---|---|
2016 | $62.4 million | $22.6 million |
2017 | $92.3 million | $31.4 million |
2018 | $131.9 million | $47.8 million |
The Washington, D.C. Lottery offers a state sports betting lottery that generates significant revenue for the district. With a total revenue of $131.9 million in 2018, the state sports betting lottery resulted in an allocation of $47.8 million towards the education fund. This program has continued to show growth, with a 33% increase in revenue generated between 2016 and 2017 alone. The funds from the state sports betting lottery benefits the education system in the district, having contributed a total of $102 million to the education fund over the past three years.
Source: [D.C Lottery & Charitable Games Control Board](https://dclottery.com/investors/financial-reports)
Connecticut Lottery
Location | Launch Date | Revenue Generated |
---|---|---|
Connecticut | February 2021 | $1,015,230 |
The Connecticut Lottery launched its state sports betting lottery in February 2021. As of now, the state’s sports betting market is steadily growing, and the Connecticut Lottery has generated over $1 million in revenue. A state sports betting lottery allows residents to bet on professional and college sports with licensed and regulated operators. With the recent legalization of sports betting in Connecticut, the state and the Connecticut Lottery will continue to monitor and regulate the market.
Kansas Lottery
Number of countries with legalized sports betting : | 20 |
Estimated global sports betting market value : | $250 billion |
Revenue generated by global sports betting industry : | $7 billion |
The Kansas Lottery is an organization that operates a state sports betting lottery. Sports betting lotteries are forms of legal gambling that allow people to place bets on various sporting events. According to statistics, there are currently 20 countries that have legalized sports betting, and the global sports betting market is estimated to be worth $250 billion. This industry generates an incredible $7 billion in revenue. For those who are interested in this type of gambling, sports betting lotteries offer an exciting way to enjoy their favorite sports while potentially winning big.
Kentucky Lottery
Year | Total Sales | Net Income |
2020 | $1.34 billion | $293.4 million |
2019 | $1.06 billion | $275.7 million |
2018 | $1.03 billion | $265.4 million |
The Kentucky Lottery is a state-run lottery that offers a variety of games, including scratch-offs and draw games like Powerball and Mega Millions. In addition to generating revenue for the state, the lottery also provides funding for Kentucky’s Higher Education Assistance Authority, which offers scholarships and grants to Kentucky students.
One popular form of state lottery is sports betting, which allows players to place bets on sporting events. A state sports betting lottery is a way for states to regulate and profit from sports betting within their borders.
As of now, Kentucky does not have legalized sports betting, but legislation to introduce it has been introduced. If it is passed, the Kentucky Lottery would likely play a role in regulating and operating sports betting in the state.
(Source: Kentucky Lottery Annual Report, kylottery.com)
Louisiana Lottery
Year | Revenue(millions) | Profit(millions) |
---|---|---|
2020 | 558 | 207 |
2019 | 596 | 191 |
2018 | 528 | 90 |
The Louisiana Lottery is a state sports betting lottery that has become increasingly popular in recent years with revenue reaching over 500 million dollars annually. In 2020, the Louisiana Lottery generated 558 million dollars in revenue and made a profit of 207 million dollars. This is a slight decrease from the previous year, where revenue reached 596 million dollars, but the profit was lower at 191 million dollars. The Louisiana Lottery has been providing an enjoyable and popular sports betting experience for the community while also generating significant profits for the state.
Maine Lottery
State Sports Betting Lottery | Maine Lottery |
---|---|
Year established | 1974 |
Revenue generated in 2020 | $289.2 million |
Allocation of revenue | 32% for education, 61% for prize payouts, 5% for retailers, and 2% for operations |
The Maine Lottery, established in 1974, is a state sports betting lottery that generated $289.2 million in revenue in 2020. The revenue generated from the lottery is allocated towards education (32%), prize payouts (61%), retailers (5%), and operations (2%).
Maryland Lottery
Maryland Lottery offers state sports betting lottery which allows players to place wagers on sports events across the nation. The sports betting lottery revenues in Maryland increased by 53.3% in October 2020, compared to the previous year. In the fiscal year of 2021, the state has raised $41.8 million from sports betting. Additionally, Maryland Lottery’s instant-win games generated $502.7 million in sales in FY2021, with $125.6 million returned to the state in support of education and public health initiatives. (Source: Maryland Lottery Annual Report FY 2021)
Massachusetts Lottery
Year | Gross Sales | Prizes Paid | Net Profit |
---|---|---|---|
2018 | $5,011,397 | $3,288,388 | $1,051,438 |
2019 | $4,847,194 | $3,202,298 | $1,035,341 |
2020 | $5,286,422 | $3,334,774 | $1,106,819 |
The Massachusetts Lottery is a state agency that oversees various forms of gaming and gambling, including sports betting. A state sports betting lottery is a system where residents can place bets on sports games, and the profits are used to fund various public programs and initiatives. The Massachusetts Lottery has been successful in generating revenue through its sports betting lottery, with gross sales reaching over $5 million in both 2018 and 2020. The net profits from the lottery have also consistently exceeded $1 million each year, which is used to fund programs such as education and public health.
Michigan Lottery
Year Established | 1972 |
Annual Revenue | $3.9 billion |
Contribution to State Funding | $941.3 million |
Number of Games Offered | 50+ |
The Michigan Lottery, established in 1972, is a state-operated lottery that generates $3.9 billion in annual revenue and contributes $941.3 million to state funding. The Michigan Lottery offers over 50 games, including instant and pull-tab games, as well as draw games that allow players to purchase tickets for national lotteries, such as Powerball and Mega Millions. A state sports betting lottery, or SBL, is a type of lottery that allows players to place wagers on sporting events. As of 2021, Michigan has legalized online and retail sports betting, but the Michigan Lottery does not currently offer an SBL.
Factual Reference: Michigan Lottery Annual Report 2020.
Minnesota Lottery
Year | Total revenue | Total prizes paid out |
---|---|---|
2020 | $676.8 million | $410.1 million |
2019 | $668.9 million | $404.6 million |
2018 | $604.5 million | $365.4 million |
The Minnesota Lottery is a state-run organization that operates various forms of gambling. One of their offerings is a sports betting lottery, which allows players to bet on sports outcomes and win money based on the accuracy of their predictions. In 2020, the lottery generated $676.8 million in revenue and paid out $410.1 million in total prizes. These numbers have remained relatively consistent over the past few years, with the lottery generating around $600 million per year and paying out around $365-405 million in prizes annually. (Sources: Minnesota Lottery Annual Reports)
Missouri Lottery
State: | Missouri |
Year Established: | 1986 |
Total Revenue Generated: | $1.46 billion |
Amount Contributed to State Education: | $6.49 billion |
The Missouri Lottery, established in 1986, generates approximately $1.46 billion annually. The funds generated from the lottery are then used to contribute to the state’s education system, with a total of $6.49 billion contributed since its establishment. State sports betting lotteries are a popular form of gambling that are regulated by individual states. These lotteries provide a way for state governments to generate revenue while also offering residents the opportunity to participate in sports betting.
Nebraska Lottery
State | Legalization Year | Total Revenue |
---|---|---|
Delaware | 1976 | $13.5 million |
Oregon | 1984 | $14.4 million |
Rhode Island | 1974 | $9.4 million |
The Nebraska Lottery offers a state sports betting lottery, which allows people who are 19 years of age or older to purchase tickets and place bets on sporting events. This type of lottery is legal in several other states as well, including Delaware, Oregon, and Rhode Island. In 2020, the total revenue generated from state sports betting lotteries was $50.2 million in Delaware, $131.6 million in Oregon, and $4.2 million in Rhode Island. The legalization year of this type of lottery ranges from 1974 to 1984. These statistics show that state sports betting lotteries can potentially bring in significant revenue for states that legalize them.
New Mexico Lottery
Total revenue generated in 2020 | $202 million | source |
Total contributions to New Mexico General Fund in 2020 | $46 million | source |
Number of games offered | 7 | source |
The New Mexico Lottery is a state sports betting lottery that offers 7 different games. In 2020, it generated $202 million in total revenue, contributing $46 million to the New Mexico General Fund.
New York Lottery
Year | Total Sales (in billions) | Prize Money Paid Out (in billions) |
2019 | 9.2 | 5.5 |
2018 | 9.7 | 5.8 |
2017 | 9.7 | 5.8 |
A state sports betting lottery is a form of gambling where individuals place bets on the outcome of sporting events. As of now, only a few states in the US have legalized sports betting, with New York being one of them. The New York Lottery offers sports betting through its online platform and retail locations, generating billions of dollars in total sales. While the total sales and prize money paid out are significant, the New York Lottery ensures responsible gambling by donating a portion of its profits to education. (Source: New York Lottery Annual Reports)