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Mega Millions Paces Maryland Lottery to Record Year
The Maryland Lottery reported its 15th consecutive year of sales growth, helped along by interest from the $656 million jackpot in March.
A record-setting Mega Millions jackpot helped pace the Maryland Lottery to a record of its own, with the agency reporting a 4.7 percent increase in sales over the previous fiscal year. The lottery said Monday that figures from fiscal year 2012 showed the 15th consecutive year of sales growth, despite greater competition from casinos and a dearth of new retail outlets. The lottery generated $1.795 billion in sales during fiscal year 2012, up $80.4 million from the year prior. Those sales translated into $556 million into Maryland’s general fund and $1.066 billion in prizes awarded to players. Interest in the Maryland Lottery was high earlier this year, when the jackpot for the national Mega Millions game reached a record $656 million in …
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Jim Burnetti
4:11 pm on Monday, July 23, 2012
Fix our schools. Governor O'Malley. This indicates our Maryland schools are doing a bad job of teaching math and probability. more ›