Current:Home > MyNorth Carolina lottery expands online game offerings through ‘digital instants’ -Edge Finance Strategies
North Carolina lottery expands online game offerings through ‘digital instants’
View
Date:2025-04-19 03:11:52
RALEIGH, N.C. (AP) — North Carolina’s lottery has expanded its offering of online games, which officials project could bring in hundreds of millions of dollars in additional revenues to the state-run operation in the coming years.
The North Carolina Education Lottery launched a set of “digital instant” games Wednesday, news outlets reported. The state lottery commission approved offering the games, which are considered the electronic equivalent of scratch-off tickets on computers or mobile devices, in August.
Eight versions of the games are being promoted by the commission. They require players to create accounts, provide identifying information and deposit funds to purchase tickets that begin at 50 cents per play. The games play in part like slot machines, with various number and symbol matchings. The top prizes for some games are $150,000.
Lotteries in at least eight other states offer digital instants. North Carolina’s commission joined them, saying it would provide an avenue for continued revenue growth.
The North Carolina lottery reported record sales of more than $4.3 billion during the year ending June 30 and for the first time exceeded $1 billion in annual net earnings, which go to state education initiatives. Scratch-off games generate the most sales. Digital instants could generate more than $416 million in cumulative revenue within five years, according to previous commission projections.
North Carolina law has said the lottery can approve any game another state lottery already offers. A provision in the final state budget this year, however, prohibits the lottery from offering “casino-style table games” online.
Critics of digital instant games say they look too much like video sweepstakes machines that remain illegal to operate in North Carolina and will make it easier for people to lose lots of money quickly. Lottery officials point to ways that responsible gambling through digital instants is encouraged, including daily, weekly and monthly limits on player deposits into their accounts.
veryGood! (8)
Related
- Meet first time Grammy nominee Charley Crockett
- U.S. files second antitrust suit against Google's ad empire, seeks to break it up
- House GOP chair accuses HHS of changing their story on NIH reappointments snafu
- Ruby Princess cruise ship has left San Francisco after being damaged in dock crash
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- A man accused of torturing women is using dating apps to look for victims, police say
- Craft beer pioneer Anchor Brewing to close after 127 years
- What's the deal with the platinum coin?
- The Daily Money: Spending more on holiday travel?
- A big bank's big mistake, explained
Ranking
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Let Your Reflection Show You These 17 Secrets About Mulan
- Yeah, actually, your plastic coffee pod may not be great for the climate
- Climate-Driven Changes in Clouds are Likely to Amplify Global Warming
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Judge Scales Back Climate Scientist’s Case Against Bloggers
- Former Top Chef winner Kristen Kish to replace Padma Lakshmi as host
- From a Raft in the Grand Canyon, the West’s Shifting Water Woes Come Into View
Recommendation
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Days of Our Lives Actor Cody Longo's Cause of Death Revealed
How Shanna Moakler Reacted After Learning Ex Travis Barker Is Expecting Baby With Kourtney Kardashian
Let Your Reflection Show You These 17 Secrets About Mulan
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
How Beyoncé and More Stars Are Honoring Juneteenth 2023
San Francisco Becomes the Latest City to Ban Natural Gas in New Buildings, Citing Climate Effects
Can Arctic Animals Keep Up With Climate Change? Scientists are Trying to Find Out