Lottery defies downturn

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Despite the poor economy, the Colorado Lottery managed to post its second best sales performance during fiscal year 2009.

Sales totaled $493.4 million for the year ended June 30. The Lottery also returned $119.6 million to the state, the third best year in terms of proceeds.

“I think we’ve weathered the storm well,” said Colorado Lottery Director Jack Boehm. “We didn’t expect to register gains in this economic climate, but we worked hard to fulfill our mission of maximizing revenue for our proceeds partners.”

Great Outdoors Colorado received $54.3 million, the Conservation Trust Fund received $47.8 million and Colorado State Parks received $11.9 million. 

In addition, the Lottery returned $5.5 million to the Public School Capital Construction Assistance Fund.

Sales of Lottery tickets overall declined 2.5 percent during fiscal year ’09. The recession took a particular toll on sales of Scratch tickets and Powerball tickets, which declined 2.3 percent and 8 percent, respectively.

However, the Lottery’s Jackpot games Lotto and Cash 5, posted sales increases.

Sales of Lotto jumped 6 percent, from $41.1 million during  fiscal year ’08 to $43.5 million during fiscal year ’09. Cash 5 broke a record, reaching nearly $21 million in sales, compared to $19.1 million last year.