© 2021 WBAA
712 Third St. | West Lafayette, IN 47907
(765) 494-5920
squirrelheader.jpg
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
General News

Hoosier Lottery Revenue Meets Budget Goal Despite COVID-19

photo_lottery_meeting.jpg
(Screenshot of Microsoft Teams)
/

The Hoosier Lottery generated more than $300 million for the state in the last fiscal year, which supports teacher retirement and police and firefighter pensions.

That revenue meets budget projections, despite the impact of COVID-19.

Lottery officials were predicting a revenue shortfall as recently as May. But the Hoosier Lottery just barely cleared its budget goal – about $212,000 more than projected.

READ MORE: Indiana Faced $900 Million Budget Shortfall, Still Ended Fiscal Year With $1.4 Billion Reserve

Join the conversation and sign up for the Indiana 2020 Two-Way. Text "elections" to 73224. Your comments and questions in response to our weekly text help us find the answers you need on COVID-19 and the 2020 election.

That’s in part because the state surpassed $1 billion in scratch-off sales for the first time ever.

Melissa Pursley is COO of IGT, the private company that runs the lottery.

“I believe that players turned to the Hoosier Lottery as an added form of entertainment as many entertainment options were closed to them for public safety,” Pursley said.

Still, the lottery projects it will bring in less money for the state in the new fiscal year than it did in the last one as the pandemic continues.

Contact reporter Brandon at bsmith@ipbs.org or follow him on Twitter at @brandonjsmith5.