July 29, 2025
State Treasurer Deborah B. Goldberg announced today that the Massachusetts State Lottery produced an estimated $1.065 billion in net profit for the Commonwealth during the 2025 fiscal year that began July 1, 2024 and ended June 30, 2025, exceeding the projected return of $1.050 billion. This is the fifth consecutive year the Lottery’s net profit total has topped $1 billion.
“I am proud of our team's performance, as we continue to face an ever evolving and changing industry," said State Treasurer Deborah B. Goldberg, Chair of the Massachusetts State Lottery Commission. “Thanks to our retail partners and loyal customers, we are able to provide vital local aid to all 351 communities across Massachusetts.”
Mass Lottery revenues rang in at an estimated $5.962 billion, approximately $206.8 million lower than the record $6.168 billion set in fiscal year 2024.
Jackpot driven games Powerball and Mega Millions are responsible for over 75 percent of the decrease in sales. Powerball sales were down $121.1 million and Mega Millions sales were down $36.4 million. In FY 2025, only one jackpot surpassed the $1 billion mark, a $1.22 billion Mega Millions jackpot that was hit in December 2024. In FY 2024, there were five $1 billion-plus jackpots between the two games, three Powerball and two Mega Millions.
Keno set a record with over $1.285 billion in total sales, a 2.69 percent increase over the $1.252 billion sold in FY 2024.
"Thanks to our customers, employees, and statewide retail partners, for the fifth year in a row we are delivering over $1 billion to our cities and towns," said Mark William Bracken, Executive Director of the Mass Lottery. "Record-setting Keno sales helped offset the significant drop in Powerball and Mega Millions sales that lotteries across the country have experienced due to a lack of large jackpots. Massachusetts continues to offer one of the strongest portfolios of games available to players, and our record-setting prize payout percentage underscores that player success is at the heart of our operations."
“We appreciate Treasurer Goldberg and our Commissioners for their guidance as we continue to introduce new ways to engage our customers, support our retailers, and put money directly back into the Massachusetts economy,” continued Bracken.
With a record prize payout percentage of 74.07, Mass Lottery players won an estimated $4.416 billion in prizes in FY 2025. Prize payouts can fluctuate from year to year based on the schedule or rate at which players cash their prizes.
In FY 2025, Mass Lottery players won 159 prizes valued at $1 million or more. This includes 148 instant ticket prizes, six Powerball prizes, two Mega Millions prizes, and three Megabucks jackpots. The largest prize won was a $1 million a year for life prize on the $50 Lifetime Millions instant ticket. Other grand prizes won include three $15 million prizes, four $10 million prizes, one $5 million prize, and twelve $4 million prizes.
The Lottery’s network of retailers earned a $340.7 million in commissions and bonuses in FY 2025, a 2.84 percent decrease from last year’s record total of $350.7 million.
Instant ticket sales totaled $3.956 billion, a 1.4 percent decrease compared to FY 2024. Sales saw an uptick following the launch of the Lottery’s third $50 ticket, which was released in May. In FY 2024, the Lottery’s second $50 ticket was released in February.
The Lottery’s administrative costs were an estimated 2.3 percent of overall revenues.
In September of 2021, the Lottery added a mobile cashing feature to its app, giving customers the ability to claim prizes of $601 to $5,000 securely through the Mass Lottery app and receive their winnings electronically to their bank account. Through June 30 of this year, the Lottery has processed 168,677 mobile transactions totaling over $227.9 million. These transactions have saved customers over $1.1 million in gasoline costs and facilitated a 6.6 million pound reduction in carbon emissions through the elimination of vehicle trips to Lottery claim centers, while also promoting sustainability and public health.
While the FY 2025 figures have not been formally audited, the Lottery does not expect them to change substantially once that annual review process is complete. Lottery officials anticipate completing the finalized financial statement of operations by the end of September.
Since selling its first ticket in 1972, the Mass Lottery has generated over $161 billion in revenues, awarded over $114 billion in prizes, returned over $34 billion in net profit to the Commonwealth for unrestricted local aid provided to cities and towns, and paid over $9.2 billion in commissions and bonuses to its statewide network of retailers.