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National Lottery ticket sales exceeded €1bn last year

By July 27, 2022No Comments

National Lottery ticket sales exceeded €1 billion last year, up 14.7% on the previous year, according to operator Premier Lotteries Ireland full year results for 2021.

For the sixth consecutive year, growth was recorded in the money raised for good causes, which amounted to €304 million euro last year.

The company said that approximately 90% of all revenue generated from sales of National Lottery games was returned to communities in the shape of prizes (56%), funding good causes (29%) and commission to retailers (5%) all over Ireland.

Operating profits were €25.3 million in 2021, up from €14.6 million in 2020 while commission payments to National Lottery retailers amounted to €55.3 million.

On average, 1.4 million people a week participated in National Lottery games in 2021.

Premier Lotteries said it was another record-breaking year for National Lottery winners with €585.9 million in prizes which is an increase of 10.8% on 2020.

In total, National Lottery games made 31 millionaires in 2021, which included 17 millionaires in the Lotto game.

Chief Executive of Premier Lotteries Ireland Andrew Algeo said it was the first year in the National Lottery’s history in which amounts raised for good causes exceeded €300 million and also, in which ticket sales exceeded €1 billion.

“On average, good causes contributions have grown by 9% while ticket sales have grown by 8% year on year since PLI’s first year of stewardship of the National Lottery; good causes have increased from €188 million in 2015 to €304 million in 2021,” he said.

Since the National Lottery was established in 1987, in excess of €6 billion has been raised for good causes.

Mr Algeo said: “The record-breaking year of ticket sales coincided with further improvements to the comprehensive player protection measures which the National Lottery provides.

“In 2021, we further bolstered our player protection systems in our digital channel and commissioned Cambridge Health Alliance, a division of Harvard Medical School, to identify further opportunities to improve our system of player protection controls both in retail and on our online channels.”

Article Source: National Lottery ticket sales exceeded €1bn last year – RTE

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