Tuesday, December 31, 2013

Australian Lottery is a Growth Industry

A new report reveals the last year has been very profitable for the Australian Lottery.

The SA Lotteries 2012/13 annual report shows total ticket sales for the year were $462.1 million. That's an increase of 10% on the year before, and tickets sales generate an incredible $900 of revenue a minute. SA Lotteries believe the increase in sales is because Oz Lotto and Powerball jackpots of $15 million or more are becoming more common. In August last year one Australian Powerball player won $50 million and, a few weeks later, an Oz Lotto player was twice as lucky when he walked away with a record-breaking $100 million in prize money.