+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Lottery Market in Us 2024-2028

  • PDF Icon

    Report

  • 116 Pages
  • August 2024
  • Region: United States
  • TechNavio
  • ID: 5146997
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The lottery market in us is forecasted to grow by USD 43 billion during 2023-2028, accelerating at a CAGR of 6.79% during the forecast period. The report on the lottery market in us provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing adoption of marketing strategies to increase ticket sales, high penetration of smartphones, and growing popularity of lottery due to low adoption cost and easy availability.

The lottery market in us is segmented as below:

By Type

  • Scratch-off games
  • Terminal-based games
  • Sports lotteries

By Platform

  • Traditional
  • Online

By Geographical Landscape

  • North America
This study identifies the emergence of advanced technologies as one of the prime reasons driving the lottery market in us growth during the next few years. Also, growing use of lottery money for good cause and growing focus on ensuring security of lotteries will lead to sizable demand in the market.

The report on the lottery market in us covers the following areas:

  • Lottery market in us sizing
  • Lottery market in us forecast
  • Lottery market in us industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading lottery market in us vendors that include Arizona Lottery, Connecticut Lottery Corp., Florida Lottery, Illinois Lottery, International Game Technology plc, New York State Gaming Commission, Pennsylvania Lottery, Pollard Banknote Ltd., Scientific Games LLC, and Texas Lottery Commission. Also, the lottery market in us analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Platform
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ billion)
Data Table on US - Market size and forecast 2023-2028 ($ billion)
Chart on US: Year-over-year growth 2023-2028 (%)
Data Table on US: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Lottery Market in US 2018 - 2022
Historic Market Size - Data Table on Lottery Market in US 2018 - 2022 ($ billion)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 Platform segment analysis 2018 - 2022
Historic Market Size - Platform Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Scratch-off games - Market size and forecast 2023-2028
Chart on Scratch-off games - Market size and forecast 2023-2028 ($ billion)
Data Table on Scratch-off games - Market size and forecast 2023-2028 ($ billion)
Chart on Scratch-off games - Year-over-year growth 2023-2028 (%)
Data Table on Scratch-off games - Year-over-year growth 2023-2028 (%)
6.4 Terminal-based games - Market size and forecast 2023-2028
Chart on Terminal-based games - Market size and forecast 2023-2028 ($ billion)
Data Table on Terminal-based games - Market size and forecast 2023-2028 ($ billion)
Chart on Terminal-based games - Year-over-year growth 2023-2028 (%)
Data Table on Terminal-based games - Year-over-year growth 2023-2028 (%)
6.5 Sports lotteries - Market size and forecast 2023-2028
Chart on Sports lotteries - Market size and forecast 2023-2028 ($ billion)
Data Table on Sports lotteries - Market size and forecast 2023-2028 ($ billion)
Chart on Sports lotteries - Year-over-year growth 2023-2028 (%)
Data Table on Sports lotteries - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
7 Market Segmentation by Platform
7.1 Market segments
Chart on Platform - Market share 2023-2028 (%)
Data Table on Platform - Market share 2023-2028 (%)
7.2 Comparison by Platform
Chart on Comparison by Platform
Data Table on Comparison by Platform
7.3 Traditional - Market size and forecast 2023-2028
Chart on Traditional - Market size and forecast 2023-2028 ($ billion)
Data Table on Traditional - Market size and forecast 2023-2028 ($ billion)
Chart on Traditional - Year-over-year growth 2023-2028 (%)
Data Table on Traditional - Year-over-year growth 2023-2028 (%)
7.4 Online - Market size and forecast 2023-2028
Chart on Online - Market size and forecast 2023-2028 ($ billion)
Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Chart on Online - Year-over-year growth 2023-2028 (%)
Data Table on Online - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Platform
Market opportunity by Platform ($ billion)
Data Table on Market opportunity by Platform ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Arizona Lottery
Arizona Lottery - Overview
Arizona Lottery - Product/Service
Arizona Lottery - Key offerings
11.4 Connecticut Lottery Corp.
Connecticut Lottery Corp. - Overview
Connecticut Lottery Corp. - Product/Service
Connecticut Lottery Corp. - Key offerings
11.5 Florida Lottery
Florida Lottery - Overview
Florida Lottery - Product/Service
Florida Lottery - Key offerings
11.6 Illinois Lottery
Illinois Lottery - Overview
Illinois Lottery - Product/Service
Illinois Lottery - Key offerings
11.7 International Game Technology plc
International Game Technology plc - Overview
International Game Technology plc - Business segments
International Game Technology plc - Key offerings
International Game Technology plc - Segment focus
11.8 New York State Gaming Commission
New York State Gaming Commission - Overview
New York State Gaming Commission - Product/Service
New York State Gaming Commission - Key offerings
11.9 Pennsylvania Lottery
Pennsylvania Lottery - Overview
Pennsylvania Lottery - Product/Service
Pennsylvania Lottery - Key offerings
11.10 Pollard Banknote Ltd.
Pollard Banknote Ltd. - Overview
Pollard Banknote Ltd. - Business segments
Pollard Banknote Ltd. - Key offerings
Pollard Banknote Ltd. - Segment focus
11.11 Scientific Games LLC
Scientific Games LLC - Overview
Scientific Games LLC - Product/Service
Scientific Games LLC - Key offerings
11.12 Texas Lottery Commission
Texas Lottery Commission - Overview
Texas Lottery Commission - Product/Service
Texas Lottery Commission - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Type
Exhibits 5: Executive Summary - Chart on Market Segmentation by Platform
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 14: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Chart on US: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on US: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Lottery Market in US 2018 - 2022 ($ billion)
Exhibits 18: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Platform Segment 2018 - 2022 ($ billion)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Type - Market share 2023-2028 (%)
Exhibits 28: Data Table on Type - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Type
Exhibits 30: Data Table on Comparison by Type
Exhibits 31: Chart on Scratch-off games - Market size and forecast 2023-2028 ($ billion)
Exhibits 32: Data Table on Scratch-off games - Market size and forecast 2023-2028 ($ billion)
Exhibits 33: Chart on Scratch-off games - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Scratch-off games - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Terminal-based games - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Data Table on Terminal-based games - Market size and forecast 2023-2028 ($ billion)
Exhibits 37: Chart on Terminal-based games - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Terminal-based games - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Sports lotteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Data Table on Sports lotteries - Market size and forecast 2023-2028 ($ billion)
Exhibits 41: Chart on Sports lotteries - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Sports lotteries - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by Type ($ billion)
Exhibits 44: Data Table on Market opportunity by Type ($ billion)
Exhibits 45: Chart on Platform - Market share 2023-2028 (%)
Exhibits 46: Data Table on Platform - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by Platform
Exhibits 48: Data Table on Comparison by Platform
Exhibits 49: Chart on Traditional - Market size and forecast 2023-2028 ($ billion)
Exhibits 50: Data Table on Traditional - Market size and forecast 2023-2028 ($ billion)
Exhibits 51: Chart on Traditional - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Traditional - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibits 55: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Online - Year-over-year growth 2023-2028 (%)
Exhibits 57: Market opportunity by Platform ($ billion)
Exhibits 58: Data Table on Market opportunity by Platform ($ billion)
Exhibits 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 60: Impact of drivers and challenges in 2023 and 2028
Exhibits 61: Overview on criticality of inputs and factors of differentiation
Exhibits 62: Overview on factors of disruption
Exhibits 63: Impact of key risks on business
Exhibits 64: Companies covered
Exhibits 65: Matrix on companies position and classification
Exhibits 66: Arizona Lottery - Overview
Exhibits 67: Arizona Lottery - Product/Service
Exhibits 68: Arizona Lottery - Key offerings
Exhibits 69: Connecticut Lottery Corp. - Overview
Exhibits 70: Connecticut Lottery Corp. - Product/Service
Exhibits 71: Connecticut Lottery Corp. - Key offerings
Exhibits 72: Florida Lottery - Overview
Exhibits 73: Florida Lottery - Product/Service
Exhibits 74: Florida Lottery - Key offerings
Exhibits 75: Illinois Lottery - Overview
Exhibits 76: Illinois Lottery - Product/Service
Exhibits 77: Illinois Lottery - Key offerings
Exhibits 78: International Game Technology plc - Overview
Exhibits 79: International Game Technology plc - Business segments
Exhibits 80: International Game Technology plc - Key offerings
Exhibits 81: International Game Technology plc - Segment focus
Exhibits 82: New York State Gaming Commission - Overview
Exhibits 83: New York State Gaming Commission - Product/Service
Exhibits 84: New York State Gaming Commission - Key offerings
Exhibits 85: Pennsylvania Lottery - Overview
Exhibits 86: Pennsylvania Lottery - Product/Service
Exhibits 87: Pennsylvania Lottery - Key offerings
Exhibits 88: Pollard Banknote Ltd. - Overview
Exhibits 89: Pollard Banknote Ltd. - Business segments
Exhibits 90: Pollard Banknote Ltd. - Key offerings
Exhibits 91: Pollard Banknote Ltd. - Segment focus
Exhibits 92: Scientific Games LLC - Overview
Exhibits 93: Scientific Games LLC - Product/Service
Exhibits 94: Scientific Games LLC - Key offerings
Exhibits 95: Texas Lottery Commission - Overview
Exhibits 96: Texas Lottery Commission - Product/Service
Exhibits 97: Texas Lottery Commission - Key offerings
Exhibits 98: Inclusions checklist
Exhibits 99: Exclusions checklist
Exhibits 100: Currency conversion rates for US$
Exhibits 101: Research methodology
Exhibits 102: Information sources
Exhibits 103: Data validation
Exhibits 104: Validation techniques employed for market sizing
Exhibits 105: Data synthesis
Exhibits 106: 360 degree market analysis
Exhibits 107: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global lottery market in us: Arizona Lottery, Connecticut Lottery Corp., Florida Lottery, Illinois Lottery, International Game Technology plc, New York State Gaming Commission, Pennsylvania Lottery, Pollard Banknote Ltd., Scientific Games LLC, and Texas Lottery Commission.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of advanced technologies."

According to the report, one of the major drivers for this market is the growing adoption of marketing strategies to increase ticket sales.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Arizona Lottery
  • Connecticut Lottery Corp.
  • Florida Lottery
  • Illinois Lottery
  • International Game Technology plc
  • New York State Gaming Commission
  • Pennsylvania Lottery
  • Pollard Banknote Ltd.
  • Scientific Games LLC
  • Texas Lottery Commission