Saturday, September 18, 2010
Lottery Sales Down...Income Up
KENTUCKY...
The Kentucky Lottery Corp. says lottery sales were down slightly in the first two months of the fiscal year, totaling $121.7 million.
The lottery corporation announced Friday in a news release, however, that net income was slightly more than budgeted.
Sales were down $10.7 million from the same period a year ago and $5.4 million less than budgeted.
Lottery corporation CFO Howard Kline said the comparison to last year is slightly skewed by a $260 million Powerball jackpot in August 2009. He said there were no comparable Powerball jackpots during the same time this year to boost sales.
# posted by Homer Owens @ 3:40 PM 
