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$7.5 million prize drives scratch ticket sales

Mark Fletcher
January 14th, 2014 · 4 Comments

silver-spectacular-lotteryHere in New York these posters are everywhere on the street promoting the Silver Spectacular scratch lottery ticket game. First prize is US$7.5 million. That’s a nice prize for a scratch ticket game. Tickets cost $25 and I’m told they are selling well.

More generally, buying a lottery or scratch ticket in New York – they are mainly available from c-stores and newsstands. Very little corporate image – a couple of posters and a floor unit listing the current prize values.  I talked to a couple of retailers and they were shocked that Aussie lottery retailers were required to spend money on fixtures, What the retailers have here, and it’s not much, is all provided.

7 likes

Category: Lotteries

4 responses so far ↓

  • 1 Wally // Jan 14, 2014 at 9:05 AM

    I wonder what type of commission they have there. It would also be interesting to know how many different lottos are operating.
    The state governments here appear to have created another monopoly by selling their interests. Now they do what they want.

    2 likes

  • 2 Mark Fletcher // Jan 14, 2014 at 10:10 AM

    Wally, state owned – one operation for lotto and instants: http://nylottery.ny.gov/wps/portal

    6% commission. All the details are here: http://bit.ly/1kyAKxq It’s an interesting read.

    1 likes

  • 3 Wally // Jan 15, 2014 at 9:49 AM

    Thank goodness for the State lottery in WA.
    I bet many people wish they could get the state lottery back in the other states. so much money used to go to charity instead of the pockets of a monopoly.

    1 likes

  • 4 Mark Fletcher // Jan 15, 2014 at 9:53 AM

    I agree Wally. Lottery West does it particularly well. I think lotteries is better off in government hands.

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