Lottery looks recession-proof - WALB.com, Albany News, Weather, Sports

Lottery looks recession-proof

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By Jay Polk - bio | email

ALBANY, GA (WALB) -  If you're like a lot of people, you've probably thought about becoming the next lottery millionaire. If you have, you're not alone.

Lottery sales have held strong despite the weakness in the economy. Lottery retailers say that the constant influx of new games draws the customers.

And of course, the big jackpots, especially in Mega Millions, really brings them in.

"Our store stays busy on the lottery side, always. But we sell more if Mega Millions is big or if new tickets are coming up, we stay very busy too," said Lottery Retailer Nainesh Patel.

The Georgia Lottery had sales of more than $3 billion from July 1, 2008, to June 30, 2009, and it is the only traditional lottery in the U.S. to experience 11 consecutive years of growth in profits.

 

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