In 4Q23, total U.S. lottery sales decreased -2% y/y to $27.3 billion across the 46 U.S. jurisdictions we track in our report. On a sequential basis, results decreased -3% q/q. This was the first y/y decline in quarterly lottery wagers since 2Q22 due to a touch comparable period for Draw sales, while Instant Ticket sales continue to grow. Instant Tickets sales increased +2% y/y to $18.0 billion. We attribute this to a combination of discretionary income growth and incremental growth from new distribution channels such as iLottery. See the report for analysis by product and our CY24 forecast.
