“I am proud of the performance of our team and want to thank our retail partners and our customers as we face mounting challenges in the marketplace,” Goldberg said. The Lottery’s higher actual total could be a boon for cities and towns, which are waiting for state lawmakers to finish work and release funds associated with an annual road and bridge maintenance bill, and to finalize other key local aid accounts in the fiscal 2024 state budget. Based on that lower projection, the fiscal 2023 budget included $1.231 billion in unrestricted general government aid. It is also enough to beat the projected $1 billion in net profit that Goldberg and Lottery officials told state lawmakers they could expect the Lottery to generate for local aid in fiscal 2023.

That’s enough to overtake the previous record of $1.112 billion set in fiscal 2021.

Contributing to that pile were record-high scratch ticket sales ($4.043 billion) and record-high Keno sales ($1.226 billion).Īfter accounting for an estimated $4.483 billion in prizes, which bested the previous high of $4.309 billion paid out in fiscal 2022, paying a record high $350 million in commissions and bonuses to retailers, and covering administrative costs that equaled about 2 percent of revenue, the Lottery expects to be left with the record $1.176 billion in net profit.

In the fiscal year that ended June 30, the Massachusetts Lottery brought in more revenue than ever before, paid out more in prizes than any previous year, and expects to return a record high profit of $1.176 billion for the state to dole out to all 351 communities as local aid, Treasurer Deborah Goldberg and the Lottery Commission announced Tuesday.įiscal year 2023 saw the Lottery haul in $6.131 billion in sales revenue, surpassing the $6 billion mark for the first time in the Lottery’s 51-year existence and topping the previous record of $5.863 billion set in fiscal 2022 by about $268 million.

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