Florida Lottery Sales Heating Up Leading Up To Wednesday’s Draw
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State lotteries rarely gather enough attention to compete with the top multi-state lotteries in the United States. The Powerball and Mega Millions lotteries tend to eat up the publicity.
Of course, this is mainly due to the jackpots that are being offered. The multi-state lotteries usually have at least one of their two jackpots up over $50 million. It takes a little longer for individual states to reach those numbers.
Florida is making a run at being the top jackpot in the nation this week. They are already the top jackpot for individual states. Their Florida Lotto game has a grand prize in the drawing upcoming on Wednesday of $30 million.
In addition to the high jackpot, gamblers can actually win more than that if they hit the grand prize. Florida now has three different levels of tickets that can be bought for the Lotto game.
Gamblers can play either one, two, or three dollars on each ticket. The payouts are $30 million for one dollar, $40 million for two, and $55 million for three. The game has been rolling over since the last time somebody won back on July 19th.
Texas is the only other state in the country that is close to Florida. Their top game, Lotto Texas, has a jackpot of $25 million. California is the only other state in the nation with a jackpot over $10 million. Theirs currently sits at $11 million.
MGM Grand Casino In Detroit Thrives While Others Falter
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The city of Detroit is not any different than others in the United Stats. Whether or not their Red Wings won the Stanley Cup, they still are dealing with tough economic times.
Their casinos are following a trend throughout the country of revenue loss. While two of their casinos had revenue figures decrease from July of 2007, MGM Grand Detroit saved the day by posting a revenue increase.
MotorCity Casino had a decrease of 7.26 percent from last year in July. Their revenue of $39.6 million was down from $42.7 million last year.
Greektown Casino experienced a much more drastic drop in revenue. Their $25.4 million dropped off 13.2 percent from July of 2007. The two casinos are following the national norm for casinos.
MGM did not have such problems. They took in $50.5 million in revenue, an increase of a whopping 22.25 percent. That increase is unusual at a time where the economy is hurting almost every casino in the country.
Fuel prices have been cited at many of these casinos as the reason for revenue decreases. People have also been losing their jobs which is resulting in less gamblers having the money to frequent these casinos.