Colorado Lottery Sales Up in First Quarter
October 1, 2008
Lottery Sales Up in First Quarter Colorado
“The Colorado Lottery continues to grow revenues for our beneficiaries, in spite of the tough economic conditions faced by our state’s residents and the nation overall,” said Lottery Director Jack Boehm. “This is a tribute to our continuing effort to provide quality products to our players and retailers. We are also expanding our retailer network to make our products readily available to all
Lotto showed the most gains in the first quarter, posting sales of $12.7 million, up 18.6 percent. This gain is largely due to a growing jackpot, which now stands at $10 million, the highest the jackpot has been since 2002. Cash 5 sales were $4.96 million, up 9.2 percent; and Scratch sales were $80.3 million, up 9.8 percent. The only product that showed a decline was Powerball. Sales for Powerball were $26.8 million, a decline of 14.6 percent over last year. During the first quarter of FY08, the Powerball jackpot had reached $314 million, which helped drive sales during that quarter.
“As we all know, the revenue from the Lottery supports efforts to maintain and expand open space throughout the state of
Proceeds from the Colorado Lottery’s games - Scratch, Lotto, Powerball and Cash 5 - stay in