Current:Home > FinanceNorth Carolina lottery expands online game offerings through ‘digital instants’ -FinTechWorld
North Carolina lottery expands online game offerings through ‘digital instants’
View
Date:2025-04-14 17:56:09
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! (79)
Related
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Schauffele wins first major at PGA Championship in a thriller at Valhalla
- Orioles legend Cal Ripken Jr. thinks Jackson Holliday may have needed more time in the minors
- Biden will deliver Morehouse commencement address during a time of tumult on US college campuses
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Your Ultimate Guide on Which Crystals Are Best for Love, Finance, Career and Health
- Ship that caused deadly Baltimore bridge collapse to be refloated and moved
- 17-year-old girl sex trafficked from Mexico to US is rescued after texting 911 for help
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Seize the Grey crosses finish line first at Preakness Stakes, ending Mystik Dan's run for Triple Crown
Ranking
- Military service academies see drop in reported sexual assaults after alarming surge
- Whoopi Goldberg reflects on family, career in new memoir Bits and Pieces
- 6 people injured, hospitalized after weekend shooting on Chicago’s West Side
- Horoscopes Today, May 18, 2024
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Benedictine Sisters condemn Harrison Butker's speech, say it doesn't represent college
- Apple Music 100 Best Albums list sees Drake, Outkast, U2 in top half with entries 50-41
- Fry's coupons from USA TODAY's coupons page can help you save on groceries
Recommendation
Retirement planning: 3 crucial moves everyone should make before 2025
Dive team finds bodies of 2 men dead inside plane found upside down in Alaska lake
The Torture and Killing of a Wolf, a New Endangered Species Lawsuit and Novel Science Revive Wyoming Debate Over the Predator
One Tree Hill Cast Officially Reunites for Charity Basketball Game
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
Daniel Martin on embracing his roots and empowering women through makeup
Dow closes above 40,000 for first time, notching new milestone
The Senate filibuster is a hurdle to any national abortion bill. Democrats are campaigning on it