State Auditor Report

Delaware Lottery Financial Statement Audit for Fiscal Years Ended June 30, 2020 and 2021

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Mentions of “SPORTS LOTTERY” — 14 found on pages 7, 8, 9, 10, 13, 16, 17, 21

… prizes. Prize liability decreased in fiscal year 2020 over fiscal year 2019 by $1.8 million due to the shutdown of sports lottery during the fourth quarter of FY2020 for COVID-19. The Pension and OPEB liability and the amount due from the Sta …

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… 0.2 Table games, net 43.8 40.8 56.6 Sports lottery 116.8 103.2 158.6 $ 527.6 445.3 583.2 …

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… Mega Millions) due to a year with no high jackpots as found in fiscal year 2019. Video lottery, Table games, and sports lottery all showed increases in fiscal year 2021, with the locations being open the full twelve months compared to fiscal yea …

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… last three years. Commission expense includes payments to lottery retailers for selling and cashing traditional and sports lottery tickets, and commissions to casinos for the operation of video lottery, internet gaming, sports lottery, and table ga …

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… aditional and sports lottery tickets, and commissions to casinos for the operation of video lottery, internet gaming, sports lottery, and table games. Delaware law allows for the net of sports (sports sales minus sports win) to be used in the calcul …

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… in Lotto 2.7 2.5 2.6 Play 3 19.3 14.0 13.3 Play 4 14.3 12.0 11.8 Powerball 9.4 6.9 12.2 Sports lottery 87.5 79.2 132.5 Total prize expense $ 225.8 189.2 244.4 Table 4 Prize Expense, Net of Reversions (In …

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… ery game category for the past three years. Prize expense includes the costs for winning tickets for traditional and sports lottery. In general, prize expense by game will increase or decrease from year to year in prop ortion to the increase or dec …

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… ontrollable for the most part, by printing a predetermined number and value of winning tickets for each instant game. Sports lottery winners vary from year to year due to the unpredictability of the outcome of professional sports. During any given sp …

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Vendors named in this document

14 mentions Pages: 24 25 27 28 29 31 32
4 mentions Pages: 18 19
2 mentions Pages: 11 20
1 mention Pages: 5
1 mention Pages: 22

Vendor names in text

CliftonLarsonAllen LLP

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Certified Thoroughbred ProgramDelaware Certified Thoroughbred ProgramDisability Insurance Program