Hoosier Lottery Could See Record Revenue This Year

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INDIANAPOLIS  — The company that runs most of the Hoosier Lottery’s operations says the state lottery could rake in record revenue this year, thanks in part to big lottery jackpots.

IGT Indiana presented a financial report to the Hoosier Lottery Commission on Tuesday.

According to the Indianapolis Business Journal, the report  shows that by late March the Hoosier Lottery had sold $1 billion worth of tickets during fiscal year 2019 and it grew to $1.12 billion in ticket revenue as of April 30.

The Hoosier Lottery estimates the state’s take this fiscal year will be $309 million, which would be another record. Last year, the lottery returned a record $306 million to the state.

Big jackpots in the Powerball, Hoosier Lotto and Mega Millions games have also increased sales revenue.

Scratch off ticket sales are also up.