Thursday, May 16, 2013
The prize is the third largest in American history, according to lottery officials.
The Powerball jackpot for Saturday's drawing has been raised to become what would be the third-largest jackpot prize in American history. Due to strong sales, the jackpot for Saturday was raised from $475 million to $550 million, with a $350.1 million cash option. It is the second largest prize in Powerball's history. No ticket has had the winning numbers for the past 13 drawings—since early April, according to a Maryland Lottery press release. Maryland has had two winning Powerball tickets since the Maryland Lottery joined the game in 2010. One was a Pennsylvania couple who purchased a ticket in Elkton on Christmas Eve in 2011 that won them $128.8 million. That September, an Abingdon couple won $108.8 million, according to the release. …
Wednesday, November 28, 2012
Lottery officials made the announcement early Wednesday afternoon.
This is not a repeat from yesterday. I know it wasn't so long that we reported to you that an already-record-setting Powerball jackpot had been increased from $450 million to $500 million, but Wednesday morning lottery officials announced the jackpot had increased again. A jackpot winner in Wednesday night's Powerball drawing will get a $550 million prize with a $360.2 million dollar cash option. Since Maryland began participating in the multi-state lottery game back in January 2010, two Powerball jackpot winner have been sold in the state. In December 2011, an anonymous Pennsylvania couple bought a $128 million winning ticket in Elkton; back in September 2011 an anonymous couple scored a $108 million winner in Abingdon. Who's next? Who …
Tuesday, November 27, 2012
Maryland Lottery officials announced the increase Tuesday morning for the drawing.
UPDATE (2:05 p.m.)—The jackpot for Wednesday night's Powerball drawing was already the largest in the game's history at $425 million but lottery officials announced that the prize pool had increased on Tuesday morning. Wednesday's drawing will now be for a $500 million jackpot with a $327 million cash option, according to an email from Maryland Lottery spokeswoman Erica Palmisano. The news comes after 15 straight Powerball drawings without a winner. Lottery officials said there have been two Powerball winners in our state since Maryland started to participate in January 2010: The last huge jackpot and previous record-holder—a $365 million prize—was claimed in Nebraska back in 2006. The next drawing will take place on Wednesday at 11:22 p.m…
Friday, October 5, 2012
All casinos in the state pulled in less money than they did in August, including Maryland Live!, which added hundreds of new machines.
Maryland's casino revenue fell as summer turned into fall, even as the state's largest gambling facility added new slot machines in September. The Maryland Lottery reported $42.9 million in casino revenue statewide, down from $44.6 million in August. At the Maryland Live! casino near Arundel Mills, revenues dropped slightly from $32.4 million in August, to $32.0 million in September. The drop comes even after the facility boosted the number of video gaming terminals from 3,710 to 4,750 on Sept. 12. But lottery officials said the figures at Maryland Live! should not be cause for alarm. "They already have a lot of capacity," Maryland Lottery Director Stephen Martino said. "Adding more [machines] was not necessarily going to add a lot of …
Monday, August 6, 2012
The Maryland Lottery said the state's three casinos brought in $48 million in July, with about $33 million going to the state. Maryland Live! saw revenue rise by 25 percent in its second month.
Action at the Maryland Live! casino drove record gambling revenues to the state in July, but revenue lagged at one of the other facilities in the state, the Maryland Lottery reported Monday. The three casinos in Maryland brought in $48 million in revenue in July, paced by $35 million from the new Maryland Live! facility at Arundel Mills. The overall casino revenue in the state increased by about $8 million. But revenue dropped at the Hollywood Casino in Perryille, which has seen its income drop by nearly one-third in the last 12 months. In July, Maryland Live! saw revenue grow 25 percent, up from from $28 million in June. (The casino opened on June 6.) Casinos kept about $15.8 million of the revenue in July, with the rest distributed to …
Monday, July 23, 2012
The Maryland Lottery reported its 15th consecutive year of sales growth, helped along by interest from the $656 million jackpot in March.
A record-setting Mega Millions jackpot helped pace the Maryland Lottery to a record of its own, with the agency reporting a 4.7 percent increase in sales over the previous fiscal year. The lottery said Monday that figures from fiscal year 2012 showed the 15th consecutive year of sales growth, despite greater competition from casinos and a dearth of new retail outlets. The lottery generated $1.795 billion in sales during fiscal year 2012, up $80.4 million from the year prior. Those sales translated into $556 million into Maryland’s general fund and $1.066 billion in prizes awarded to players. Interest in the Maryland Lottery was high earlier this year, when the jackpot for the national Mega Millions game reached a record $656 million in …
Tuesday, July 3, 2012
The casino in Anne Arundel County contributed $13 million to the state's education trust fund.
The Maryland Live! Casino at Arundel Mills in Hanover generated more than $28 million in revenue during its first month of operation, with each slot machine collecting more than $359 each day in June. The casino generated about 70 percent of all the slots-related revenue in Maryland, and pumped $13 million into state’s education trust fund, according to figures from the Maryland Lottery. Maryland Live! opened on June 6 and has 3,171 game terminals in operation and will add 1,575 more by the end of the fall. It is one of three active casinos in the state. “I think it went well. I think the numbers are impressive, but we’re not surprised by them,” said Maryland Lottery Director Stephen Martino in an interview with Patch. “Given the fact that…
Frank in Elkridge
8:44 am on Tuesday, October 9, 2012
The Cordish casino is grossing $1 million a day. Not bad. If other casinos open, particularly National Harbor, that should put a big dent in their revenue. That's why Cordish and Penn National are pouring millions of dollars into ads against Question 7. The don't want big new casinos in Baltimore City and National Harbor eroding their revenue. It's pure self-interest on their part because they … more ›