Lottery
Statistical Report on Lottery Market Size Rise at +3.10% CAGR by 2028, Worth US$ 405.20 Billion – Report by Facts & Factors (FnF)
Facts and Factors has published a new research report titled “Lottery Market Size, Share, Growth Analysis Report By Type (Terminal-Based Games, Scratch-off Games, Sports Lotteries), By Mode (Offline, Online), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” in its research database.
“According to the latest research study, the demand of global Lottery Market size & share was valued at approximately USD 366.55 billion in 2021. The market is expected to grow above a CAGR of 3.10% and is anticipated to reach over USD 405.20 billion by 2028.”
The report analyses the Lottery market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Lottery market.
Lottery Market Overview:
In the case of a lottery, the winning numbers are selected at random. While some countries outlaw lotteries, others even go so far as to create a national or state lottery. The most common restriction is the prohibition on sales to minors and the requirement that retailers hold a license before selling lottery tickets. Governments often regulate the sale of lottery tickets. Most gambling activities, including lotteries and sweepstakes, had been made illegal in the US, most of Europe, and a few other countries by the turn of the 20th century, even though they were widespread in the US and a few other countries during the 19th century. Globally, lotteries and casinos had resurgence in the 1960s as a way for governments to collect money without raising taxes. Lotteries come in a variety of formats. The prize could be something particular, like money or merchandise.
Get a Free Sample PDF of this Research Report for more Insights with Table of Content, Research Methodology, and Graphs – https://www.fnfresearch.com/sample/lottery-market
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Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 231+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, Revenue Analysis, SWOT Analysis, Historical and Forecast Growth, Porter’s 5 Forces Analysis
- Facts and Factors research methodology
(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)
Market Dynamics:
Growth Drivers
- The expanding use of online lotteries has driven market growth
One of the key factors driving growth in the global lottery market is the rising popularity of online lottery. The spread of the online lottery is attributed to the rise in smartphone and Internet usage. Due to the availability of different mobile apps and online platforms, as well as the ease of access to the Internet, customers can participate in the lottery. Vendors are utilizing cutting-edge technologies, such as interactive bots and graphics, which have become standard in the gaming sector to increase the consumer attractiveness of the online lottery. Due to the severe restrictions on lotteries in many regions, the global lottery market will encounter substantial obstacles during the projected period. Lotteries are one type of gambling that is heavily controlled in many countries. The industry is closely correlated with social responsibility. Therefore it makes sense that it would be heavily regulated. Adopting technologies by lottery operators is one change in the lottery industry projected to impact the market in the coming years positively.
Restraints
- Government restrictions on the lottery hamper the market growth
The global lottery sector is closely regulated and mostly dominated by governmental organizations, making corporate expansion difficult. Instead of doing business, as usual, sellers started focusing on creating new methods for interacting with clients. To do this, businesses need to identify cutting-edge technology that can increase the allure of the offline lottery.
Key questions answered in this report:
- What is the market size and growth rate forecast for Lottery industry?
- What is the main driving factors propelling the Lottery Market forward?
- What are the leading companies in the Lottery Industry?
- What segments does the Lottery Market cover?
- How can I receive a free copy of the Lottery Market sample report and company profiles?
Browse the full “Lottery Market Size, Share, Growth Analysis Report By Type (Terminal-Based Games, Scratch-off Games, Sports Lotteries), By Mode (Offline, Online), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028″ report at https://www.fnfresearch.com/lottery-market
Lottery Market: COVID-19 Impact Analysis
Because of the widespread implementation of strict new laws all around the world in response to the COVID-19 pandemic, the lottery industry has been negatively impacted. However, since the pandemic, there has been a substantial increase in the market’s adoption of its internet component. As a result of the lockdown that was caused by COVID-19, offline lottery ticket vendors and other gaming firms were had to close their doors. The growth in popularity of online gambling may lead to an increase in the number of tickets purchased for online lotteries, which would be beneficial for the continued health of the sector during the epidemic. Gamblers who have a lot of spare time and wager consistently incur big losses as a result of their behaviour. Addiction to gambling is a potential consequence of this behaviour. It is required that all gambling platforms provide services for responsible gambling in order to assist those who have been negatively influenced by gambling.
Key Insights from Primary Research
- As per the analysis, the Lottery market is likely to grow above a CAGR of around 3.10% between 2022 and 2028.
- The Lottery market size was worth around US$ 366.55 Billion in 2021 and is estimated to hit approximately US$ 405.20 Billion by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- Based on type segmentation, the terminal-based games category dominated the market in 2021.
- By mode, the online segment dominated the market in 2021
- On the basis of region, North America dominated the global lottery market in 2021.
Lottery Market: Segmentation Analysis
The global lottery market is segregated based on type, mode, and region.
Based on type, the market is segmented into terminal-based games, scratch-off games, and sports lotteries. The terminal-based games segment commanded the largest market share in the global lottery industry in 2021. Based on the mode, the global lottery market has been split into online and offline segments. The online sector of the lottery market will grow the fastest within the predicted time range.
Regional Analysis:
The global lottery market is segmented into geographical regions: North America, Latin America, Europe, Asia-Pacific, the Middle East, and Africa. The North American area is projected to grow at the highest CAGR during the forecasted year. The growing importance of entertainment options is one of the main factors boosting lottery demand in the North American market. The North American lottery business is regarded as the most well-liked globally due to how frequently telephones are used. US lotteries also provide an internet platform so that participants can take part from the comfort of their own homes. In addition, many global investors now prefer INTRALOT SA, one of the most well-known US lotteries. Other well-liked Canadian lottery games include Lotto Max, 6/49, and Lotto Daily Grand.
Report Scope:
| Report Attribute | Details |
| Market Size in 2021 | USD 366.55 Billion |
| Projected Market Size in 2028 | USD 405.20 Billion |
| CAGR Growth Rate | 3.10% CAGR |
| Base Year | 2021 |
| Forecast Years | 2022-2028 |
| Key Market Players | Camelot GroupChina, LotSynergy Holdings Ltd., Florida Lottery, International Game Technology plc, Lotto NZ, New York State Gaming Commission, Scientific Games Corp., Brookfield Business Partners, California State Lottery, INTRALOT SA., and others. |
| Key Segment | By Type, Mode, and Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
| Purchase Options | Request customized purchase options to meet your research needs. |
Competitive Players
The report contains qualitative and quantitative research on the global Lottery Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market’s main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company’s global presence, competitors, service offers, and standards.
Some of the main players in the global Lottery market include:
- Camelot GroupChina
- LotSynergy Holdings Ltd.
- Florida Lottery
- International Game Technology plc
- Lotto NZ
- New York State Gaming Commission
- Scientific Games Corp.
- Brookfield Business Partners
- California State Lottery
- INTRALOT SA.
Recent Industry Developments:
- In 2021: On its official website, Crypto Millions Lotto announced the launch of four new lottery games. Two of the four games described above, India Fantasy 5 and India Million Lotto, have their headquarters in India; the other two, Powerball+ and Mega Millions+, have their headquarters in the United States.
(We tailor your report to meet your specific research requirements. Inquire with our sales team about customising your report.)
The global Lottery market is segmented as follows:
By Type
- Terminal-based games
- Scratch-off games
- Sports lotteries
By Mode
- Online
- Offline
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Key Offerings:
- Market Size, Trends, & Forecast by Revenue | 2022−2028
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis by Type, Mode, and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Latest News
Aristocrat Interactive and Inspired Entertainment Introduce First-Ever Virtual Sports iLottery Games with the Virginia Lottery Through an Agreement with NeoPollard Interactive
Canada
Vancouver Resident Purchased Winning $40 Million Lotto Max Ticket While Quenching Sparkling Water Craving
Phuc Duc (Daniel) Chau loves the Bubly brand of sparkling water and stopped in a convenience store to purchase a can. Chau likes to buy lottery tickets based on a gut feeling, and due to the employee’s bubbly nature while he purchased his Bubly, Chau also purchased a Lotto Max ticket for the May 23, 2025 draw.
It was this ticket that ended up scoring Chau a whopping $40-million jackpot.
“I was at work when I found out,” recalled Chau of the moment he realized he won. “I was going through my bag to find a cough drop, but I saw that I had two lottery tickets in my bag and decided to scan the tickets, but I needed to update the [BCLC Lotto!] app first. The first ticket I didn’t win anything, but the second said $40 million. I have never seen that many zeroes in my life, ever. I dropped my phone and then called BCLC right away!”
At the time of the prize claim, the Vancouver resident hadn’t yet shared the news of his win.
“My partner doesn’t know yet! I want to share the news with them in a special way.”
Chau shared that his dream has always been to travel the world. “There are so many places I want to go to, so I haven’t fully decided!”
When asked if he will quit his job, he said, “I haven’t decided, but I want to continue to support my community in a different way.”
On how it feels to be a multimillionaire?
“It means a lot to me. It opens up an opportunity for me to give back to my family, community and the world all around me. It’s not meaningful unless you can share this with those who need it.”
Chau purchased the winning ticket at the 7-Eleven on Imperial Street and Boundary Road in Burnaby.
So far in 2025, B.C. lottery players have redeemed more than $146 million from Lotto Max. Lotto Max is a nationwide lottery game drawn on Tuesdays and Fridays after 7:30 p.m. (PST).
Players can purchase tickets at lottery retailers or at PlayNow.com. Winning numbers and group release forms can be found online at www.bclc.com. Players can check their lottery tickets anytime, anywhere on iOS and Android devices.
BCLC offers socially responsible gambling entertainment while generating income to benefit all British Columbians. Players can visit PlayNow.com to learn how to set time and money limits.
Aristocrat Interactive, under NeoGames US LLP, signed a six-year contract with the Michigan Lottery to provide its full solution of iLottery product offerings, reaffirming its leadership in the U.S. iLottery industry. Under the contract, from July 2026, Aristocrat Interactive will provide services to the Michigan Lottery for six years, with six additional one-year extension opportunities. The relationship with the Michigan Lottery began in 2014 with the launch of its iLottery program using NeoGames’ iLottery platform and games.
This new deal will provide the Michigan Lottery with eInstant games, draw-based games, and add-on offerings produced by Aristocrat Interactive’s NeoGames Studio, along with continuing to leverage the company’s iLottery technology, which includes:
• NeoSphere player account management platform
• NeoDraw draw games system
• NeoCube Business Intelligence solutions; and
• NeoEngage – Aristocrat Interactive’s overall customer and data experience solution.
Aristocrat Interactive will also provide the Michigan Lottery with a new website and mobile application services with Gambyt – a software company specializing in the lottery, casino, and sports betting industries. Under the deal, Aristocrat Interactive will lead the Michigan Lottery’s CRM marketing efforts, including promotions and customer communications, and will deliver managed services including staffing, a customer service center, payments management, third-party integration, compliance, and responsible gameplay solutions.
“This collaboration is a sign of our commitment to being a leader in the iLottery space and a win for players and public education in Michigan as we look to further enhance our offerings, deliver an entertaining iLottery experience, and drive incremental revenue to the School Aid Fund. Aristocrat Interactive has a proven track record of providing the industry’s leading technology, comprehensive player services, and engaging content for lotteries around the world. We’re confident this new deal will help us continue to be a leading innovator in this exciting digital space,” said Suzanna Shkreli, Commissioner of the Michigan Lottery.
“The Michigan Lottery is a trailblazer in the U.S. iLottery industry, and we’re proud to be a strategic partner for their business. This multi-year agreement is a testament to the proven strength of the Aristocrat Interactive platform, our commitment to innovation, and the long-term value we provide to our customers,” said Chris Shaban, Managing Director of Aristocrat Interactive iLottery.
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