8/10/2023 0 Comments Wyolotto lucky for life![]() ![]() It’s just the same game packaged differently.”Ĭlontz said he has some concern that people will tire of having only a handful of games to choose from, leading to a decline in sales. “While we have a good selection with the four draw games we offer, I don’t think we could add a fifth one without the games beginning to cannibalize themselves. “The law only allows us to produce draw games, and you can only put the same cigar in so many different cigar boxes A draw game is a draw game,” he said. “We’ve had a really successful year, but going forward, the challenge will be to keep people wanting to play the games.” “Having evolved to where we are, especially with paying off the loan, we’re now able to focus on trying to maximize the transfers, and that’s through ticket sales,” he said. Clontz praised the lottery’s board of directors for its support in developing new games and establishing the problem gambling initiatives. WyoLotto also introduced a new game in December called “Lucky for Life,” giving players the chance to win $1,000 a day for life. “That’s been pretty useful in terms of funding DOH and getting our problem gambling program off the ground,” Clontz said. The money is then moved into an unclaimed prize account that can only be used for special promotions or the Wyoming Department of Health’s problem gambling initiatives. Winners typically have 180 days to claim their prize, regardless of amount on day 181, the ticket expires. Since launching in 2014, WyoLotto has sold $28 million in winning tickets, $26 million of which has actually been collected. We want everyone to do well, but clearly we’ve cut into their profits by reducing border traffic from Wyoming by people going to those states to get lottery tickets.” “We’ve taken a good 10 percent from the Colorado lottery, the same with Nebraska. “From what I know so far, we’ve taken about 7 percent of the Idaho lottery’s business,” Clontz said. ![]() Instead of having to go elsewhere to play the lottery, residents can now get those tickets here. When Clontz accepted the position of CEO, the mandate he was given was to keep Wyoming money in the state. It’s money they get to put into their business without cost.” “We hook up the machines, we take care of the satellite hook-up, we service the machines. “It’s great for retailers, because it doesn’t cost them anything,” he said. Retailers are now picking up between 8 and 10 percent more revenue off the lottery tickets they sell, according to Clontz. WyoLotto increased its number of retailers in 2016 from 400 to 450. That first quarter was an exceptional one, and because game sales were brisk we were able to lower our operating costs, which means more money for the transfer.” “We’re at about $3.5 million that we’ve transferred so far,” Clontz said. WyoLotto has made a transfer every three months since: in July ($915,000), October ($800,000) and January ($640,000), exceeding expectations. That first transfer, originally scheduled for July 5, was made three months early on April 5 and amounted to $1.2 million distributed across the state. Meeteetse was awarded $1,447.76, while Frannie rounded out the distribution with $84.13. ![]() The City of Cody, meanwhile, received $42,148.89, followed by Powell with $27,954.62. The Park County government received $53,239.53 from the first four transfers. “We paid off the loan in April, and that allowed us to start transferring money back to the treasury earlier than we thought.” “A lot happened in 2016,” said Jon Clontz, CEO of Wyoming Lottery Corp. Meanwhile, local governments have received $124,874.93 in distributions from the lottery’s first four transfers. Those local retailers received $58,736.49 in commissions, a rate of 6 percent of sales. That total doesn’t reflect a winning ticket of $573,074 sold in Cody in November of 2016, as the prize wasn’t claimed until after the first of the year. Retailers in Park County sold $954,074 worth of lottery tickets and paid out $31,465 in prizes. Wyoming Lottery ticket sales grew in 2016, both in Park County and across the state, with the 23 counties that make up the Cowboy State beginning to see financial dividends.ĭespite a struggling economy, strong sales enabled WyoLotto to pay off its start-up loan earlier than expected - aided greatly by allure of a $1.6 billion Powerball jackpot in the first part of the year. ![]()
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