Oregon Lottery returning almost $900m to state as of fiscal year 2023

November 15, 2023

Between July 1 2022 and June 30 2023, the Oregon Lottery raised a substantial amount, while its players took home nearly $16bn in payouts.

The Oregon Lottery’s fiscal year of 2023 will have returned nearly $900m to the Beaver State. Funding from the lottery goes toward Oregon’s state parks, veteran services, public schools, outdoor school and economic development.

The $900m total is down slightly from the fiscal year of 2022, but operating costs increased this year. The Oregon Lottery financial year ran from July 1 2022 to June 30 2023.

Players of the lottery in Oregon saw payouts of almost $16bn in 2023, with eight specific players winning prizes of over $1m. However, the lottery also had about $9m in unclaimed prizes left at the end of this period, which will also go toward the state programs mentioned above.

Oregon Lottery Director Mike Wells (appointed this past August) said, “Oregon Lottery’s success allows us to support programs that help our state thrive. We’re focused on running our operations as efficiently as possible to benefit the public programs Oregonians care about.”

Small business owners also benefited from becoming Oregon Lottery retail partners, as the state’s 3,800 lottery retailers earned over $310m in fiscal year 2023.

Since 1985, the lottery has earned over $15bn for the state, and since 2016 the organization has also maintained the highest possible level of accreditation for responsible gambling, as recognized by both the National Association of State and Provincial Lotteries and the World Lottery Association’s programs.

Recently, the lottery also extended a partnership with Scientific Games, and has added over 1,000 Light & Wonder video lottery terminals to its state total.


Product Spotlight

Bragg Gaming Group

Bragg Gaming Group is a global content-driven iGaming technology provider, serving online and land-based gaming operators with its proprietary and exclusive content and cutting-edge technology.

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.

As the Tribal gaming sector congregates once more in the Golden State, is it too cliché of me to suggest we are heading for a golden era of Tribal gaming? With the industry set to meet at the Indian Gaming Association t...

From The Top: Will youth be served by Sports Betting?
Two recent interviews in our Huddle podcast revealed to Las Vegas correspondent Brian Joseph just how young sports betting entrepreneurs are becoming.
The Global Gaming Awards: Rewarding Excellence
The 10th edition of the Global Gaming Awards took place in Las Vegas last year. Gaming America looks back... and ahead to this year's.
Preview: Indian Gaming Tradeshow & Convention
Gaming America looks ahead to the 2024 Indian Gaming Tradeshow & Convention and what attendees can expect when they arrive at the Anaheim Convention Centre.
888 and the US Market: A cautionary tale
Gaming America explores the risk of resting on your laurels and the challenge of remaining relevant in a rapidly expanding market.