EILERS: U. S. Lottery Tracker – 3Q23

In 3Q23, total U.S. lottery sales increased +8% y/y to $28 billion across the 46 U.S. jurisdictions we track in our report. On a sequential basis, results increased +8% q/q. Instant Tickets sales increased +3% y/y to $17.2 billion. We attribute this to a combination of discretionary income growth and incremental growth from new distribution channels such as iLottery. Draw game wagers increased +19% y/y and +36% q/q to $10.6 billion. Annual and sequential growth was driven by stronger multi-state jackpot activity along with some of the same factors positively impacting Instant Ticket sales. Read the report for analysis by product and our updated forecast.