by Archana Subramaniam by CNB
Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: WEDNESDAY, January 29, 1992 TAG: 9201290268 SECTION: VIRGINIA PAGE: B3 EDITION: METRO SOURCE: DATELINE: RICHMOND LENGTH: Short
VA. LOTTERY PROFITS LOWER THAN EXPECTED
The Virginia Lottery is about a large jackpot away from reaching its overall sales goals, lottery officials said.For December, the state's profit from the lottery totaled $23.5 million, or 10 percent below the $26.1 million projection for the month. For the fiscal year to date, which began in July, profits totaled $139.9 million, or 3 percent below projections.
The lottery expected it would have four large Lotto jackpots of about $20 million each, which spur ticket sales. But the past several weeks have seen a series of relatively low jackpots, keeping sales low.
- Associated Press