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Record year for Massachusetts State Lottery as profit surpasses $1bn

7th August 2017 8:41 am GMT

The Massachusetts State Lottery has generated a profit of more than $1bn for the first time in its 45-year history, as sales topped $5bn for the third consecutive year.

The financial year ended June 30th saw net profit climb 5 per cent to $1.035bn, making the lottery the single largest source of unrestricted local aid for the Commonwealth’s 351 cities and towns.

“This is a proud moment for the Lottery,” said State Treasurer Deborah Goldberg, who also serves [...]

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