New Hampshire Lottery Hits All Time High in Revenue

New Hampshire has introduced a new instant lottery ticket as previously reported on CGW. The new ticket comes after learning that the state has set a new record for revenue from the lottery last year.

The state lottery watched its revenue jump last year to $264 million. That number was the highest ever for the state. The projections are that the number will grow even higher in the years to come.

The new $30 lottery scratch off ticket that has recently been introduced is the reason for optimism of the revenue number going higher in future years. opponents of the new ticket, however, are quick to point out the dangerous market that is being targeted.

They feel that people that come from lower income households will be the main people that will be purchasing the new tickets. Evidence points in the opposite direction, however, from what they believe.

The New Hampshire Lottery Commission claims that in last years figures, they found that people who played the lottery the most had incomes between $30,000 and $59,000.

Instant ticket sales dwarf that of any other forms of the lottery in the state. Last year, seventy one percent of all lottery sales were from instant tickets. That creates the optimism from the new $30 ticket.

February 18, 2008
Posted By Larry Rutherford
Staff Editor, CasinoGamblingWeb.com
Submit News!