In the recently concluded 2023 fiscal year, the Oregon Lottery is set to return approximately $900 million to the state, despite a slight decrease attributed to rising operating costs. The unclaimed prizes for the same period, totaling $9 million, will also find their way back into the state’s coffers.
This substantial funding directly supports various vital sectors, including state parks, natural habitats, public schools, veteran services, outdoor school programs, and economic development initiatives. Notably, the Oregon Lottery operates as a self-funded entity, relying on the sale of games rather than taxpayer dollars, with voters and the Legislature directing the allocation of funds.
Oregon Lottery Director Mike Wells emphasized the positive impact, stating, “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.”
Lottery enthusiasts enjoyed a stroke of luck in 2023, as total payouts reached an impressive $16 billion for the year. Jackpot games reaching record amounts led to eight players taking home prizes exceeding $1 million. These winnings, both substantial and modest, contribute to approximately 92% of the Lottery dollars played.
Sales commissions from Lottery games play a crucial role in supporting local retailers, many of whom are small business owners. This year, the 3,800 Lottery retailers scattered across Oregon collectively earned over $310 million.
Furthermore, the Oregon Lottery has maintained the highest level of accreditation for responsible gambling since 2016. Recognized by both the National Association of State and Provincial Lotteries/National Council on Problem Gambling and the World Lottery Association’s Responsible Gambling programs, Oregon stands among only eight U.S. lotteries to achieve this distinguished level by the WLA.
Lottery officials say this commitment underscores the state’s dedication to promoting responsible gaming practices.
Source: Oregon Lottery