Patriot post: Can’t afford it? | Connecticut | ESPN Clic Info
Patriot Post: Can: ____________________Connecticut lottery posting posted October 03, 2018 08:23:05Can: ________________________________________________Connecticut has posted the largest number of lottery tickets this season with an estimated 2.5 million.
The total is more than double the 2.3 million tickets sold in the first half of the season.
There are more than 1.3 billion tickets available to buy.
Only six teams have fewer tickets than Connecticut, with the rest of the lottery sites having ticket sales below 2 million.
The first-round of lottery ticket sales in the state are projected to be at the state’s lottery offices in downtown Hartford.
All ticket sales will be handled by the state lottery.
No state lottery officials have been hired.
With a $50,000 cap, lottery officials won’t be able to spend much money on marketing efforts, which could mean less revenue in the lottery system.
“There are a lot of folks in the country that are making millions on lottery tickets, and they don’t realize how much they’re making,” said Peter Siegel, the Connecticut Lottery’s chief marketing officer.
As a result, the lottery’s revenues will likely fall short of projections.
The total number of tickets sold this season is $2.9 billion.
New Jersey’s lottery is projected to have the most lottery tickets at 3.7 million.
The other lottery sites have fewer than 1 million tickets, with about 1.5 billion remaining.
Siegel said he expects a big drop in lottery ticket prices in Connecticut.
He said the state will not be able afford to spend as much on marketing and other costs associated with a new state lottery system, but he said it will help generate revenue for the state.
Connecticut is the second-largest lottery market in the United States.
Tickets are sold by the lot in all 50 states and the District of Columbia.