Jackpot growth slowing down for Hoosier Lotto

In a Thursday, May 29, 2014 photo provided by the  West Virginia Lottery, Hartzell “John” Lancaster of Weirton, W.Va., claims a $1 million Powerball prize from the West Virginia Lottery in Wheeling, W.Va. So far this year, tiny West Virginia has sold nine tickets matching the first five numbers in Powerball. Only five other states have had more Match 5 winners. (AP Photo/West Virginia Lottery)
In a Thursday, May 29, 2014 photo provided by the West Virginia Lottery, Hartzell “John” Lancaster of Weirton, W.Va., claims a $1 million Powerball prize from the West Virginia Lottery in Wheeling, W.Va. So far this year, tiny West Virginia has sold nine tickets matching the first five numbers in Powerball. Only five other states have had more Match 5 winners. (AP Photo/West Virginia Lottery)

INDIANAPOLIS (AP) — Indiana lottery officials are blaming a big drop in ticket sales for a decision to slash the rate at which Hoosier Lotto jackpots grow.

The Hoosier Lotto prizes start after a winner at $1 million for the first two drawings and have gone up by $500,000 for each drawing afterward. Under the change made last month, the jackpot increases by $200,000 for Wednesday drawings and $300,000 for Saturday drawings.

Lottery spokeswoman Stephanie McFarland tells The Indianapolis Star that the change was needed to continue operating the game responsibly and maximize revenue for the state.

Ticket sales for the Hoosier Lotto game have dropped nearly 25 percent from about $61 million in fiscal year 2012.

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Information from: The Indianapolis Star, http://www.indystar.com

 

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