News Formal

North Carolina lottery achieves record-breaking $1 billion in annual net earnings

  • 📰 FoxNews
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 87%

Business News News

Business Business Latest News,Business Business Headlines

North Carolina's state-operated lottery has achieved a historic milestone by surpassing $1 billion in annual net earnings, a feat attributed in part to robust sales driven by interest.

Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com.

The lottery also reported record sales of more than $4.3 billion during the last fiscal year, or $456 million higher than in the previous one.number drawings in North Carolina also soared, with MegaMillions alone more than doubling compared with 2021-22, according to a lottery document. There were three jackpots of more than $1 billion, totaling seven drawings, WRAL-TV reported.

Planning is now underway to start selling digital instant games in November and regulate sports wagering beginning in the first half of 2024. The General Assembly passed a law in June authorizing sports gambling.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

North Carolina lottery exceeds $1 billion in annual net earnings for the state for first timeNorth Carolina’s state-run lottery has for the first time exceeded $1 billion in annual net earnings.
Source: AP - 🏆 728. / 51 Read more »