NJ Lottery sales slipping

January 13, 2009 6:35:48 AM PST
You might think that a $1 bet for a chance to win big would be more popular in this slow economy.

But the New Jersey Lottery is finding the opposite: ticket sales have been down during this fiscal year. Officials say their sales slipped by 4 percent between July and the end of November compared with the same period in 2007.

The sales slump runs counter to what other states are seeing. Scientific Games, which makes scratch-off tickets, says revenue is up for scratch-off and daily games in 25 of the 42 states with lotteries.

One reason for New Jersey's slump might be that there have been fewer attention-grabbing $100 million jackpots lately in the multistate Mega Millions game.

Information from: The Star-Ledger, http://www.nj.com/starledger

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