For residents of Texas, the Mega Millions jackpot could be the gateway to a new life in the Lone Star State. Per a recent update article from The Texan, the Texas Lottery Commission is reportedly on track to exceed its all-time sales record in a fiscal year after the Mega Millions jackpot reached a historic $1.3 billion in August. According to the update, through the end of July, the lottery reported over $7 billion in sales, which is a slight increase from the same time last fiscal year. While full sales figures have not been quite reported on the TLC’s website, one could surmise that this lottery will keep breaking records until a winner is crowned.
In this article, SBS will go over some of the main key points from the report, some other thoughts and also some other notes about the Texas wagering scene.
Per the update from The Texas, these lottery sales numbers include totals for both scratch tickets and draw games as part of the Texas Lottery Commission (TLC) system. According to the Executive Director of the TLC, Gary Grief, sales for last week’s Mega Millions drawings “catapulted the Texas Lottery to a new all-time record” for total sales in a weekly timespan. In addition to a new weekly record, there was also a positive uptick in sales from the recent estimated Mega Million jackpot ($1.33 billion) and the $100 ticket scratch game ($20 Million Supreme) according to Grief. The executive director also noted, barring any unforeseen circumstances occurring, this will break last year’s Texas Lottery sales total.
In the same report from the Texan, the TLC has been on a winning high note since the dark days of the COVID-19 pandemic. For instance, in fiscal year 2021, the commission reported its highest sales figures since 1992. Going back to the pandemic, the TLC experienced a precipitous decline during that time when many of the locations where lottery tickets were sold were deemed “essential” under the litany of disaster orders put into place at the time. Since then, the Mega Millions jackpot has rebounded rapidly per all latest reports. Nonetheless, the odds of winning the Mega Millions jackpot are 1 in 302.5 million.
Though the state of Texas does reap the rewards quite nicely from the TLC system, all other variations are gambling are still prohibited by law there. As many regular readers in this space are aware, Texas is one of the last states that has not legalized sports wagering. Proponents of expanding gaming in Texas are seeking constitutional amendments to permit a limited number of casinos and also sports betting as a whole in the massive state. Per the article, many critics fear there will be a negative impact on the state’s economy and an increase in gambling addictions amongst the state’s population base.
As you are wrapping up the latest round of doing your homework on the Texas gaming scene, make sure to check out the SBS sports betting in Texas page. With this informative guide, you can find out all kinds of ways to make deposits, along with the latest gambling-related news in the Lone Star State. Speaking of deposits, SBS has your back when finding the easiest payment option for you and your lifestyle. With our payment methods breakdown guide you can see all kinds of ways to make deposits and withdrawals and which fits your lifestyle the best. Finally, if you are a customer that is always on the go, make sure to tap into our mobile betting sites rundown which gives you a ton of reasons why to bet using your mobile device.
About the Author
As a devout aficionado of sports, Chris Boline has carved a career within the athletic realm. A skilled scribe, he boasts a decade-long portfolio that encompasses coverage of the NBA G League, the Los Angeles Chargers, football in the Mountain West Conference, and basketball. Beyond his professional pursuits, Chris is deeply invested in his community and dedicates his leisure hours to serving on boards, collaborating with community organizations, and cherishing the company of loved ones.
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