Lottery, casinos and sports betting will contribute $1.585 billion to the state of Maryland in fiscal year 2024

Maryland Lottery and Gaming announced that the Maryland Lottery, along with the state's casinos, sports betting operators and daily fantasy sports operators, donated a total of $1.585 billion to Maryland charitable causes in fiscal year 2024 (July 1, 2023 through June 30, 2024). This is Maryland Lottery and Gaming's second-largest single-year transfer to the state, just 0.25% below the record of $1.589 billion set in fiscal year 2023.

Per Lottery and gambling in Maryland: “Casino gaming contributions to the state totaled $824 million; lottery winnings totaled $699.6 million; and sports betting and daily fantasy sports combined to contribute $61.3 million. In total, lottery, casinos, sports betting and daily fantasy sports contributed an average of $4.3 million per day to state programs and services in fiscal year 2024.

“We delivered exceptional performance in fiscal year 2023, leaving us with a challenging year-on-year comparison in fiscal year 2024,” said John Martin, Maryland's lottery and gaming director. “However, we had another strong year in many ways. The lottery added a new daily game and the sports betting market continued to grow. We are proud of our role in raising funds for important state programs.”

Click here to view a summary of FY 2024 lottery, casino and sports betting facts and figures.

Traditional lottery

Lottery revenues totaled $2.732 billion, down 1.2% from fiscal year 2023. Scratch cards led the way with $1.061 billion, surpassing the $1 billion mark for the third consecutive year.

Proceeds from lottery ticket sales totaled $699.6 million, including $657.4 million in contributions to the state's General Fund, which finances a wide range of programs and services, including schools and public health and safety initiatives.

Lottery players won more than $1.715 billion in fiscal year 2024 — an average of nearly $4.7 million per day. Players won 1,808 prizes valued at $10,000 or more during the fiscal year, including 586 winning tickets with prizes of $50,000 or more and 33 prizes of at least $1 million. Retail sales and redemption commissions totaled $220.2 million, a 0.2% increase from fiscal year 2023. The average retailer commission was nearly $51,000. At the end of fiscal year 2024, the lottery had 4,323 retail locations across the state.

On May 6, 2024, the Lottery introduced Cash Pop, its first new drawing game since the introduction of Pick 5 in February 2022. The Lottery offers 11 drawing games and introduces approximately 50 new scratch cards and 20 new Fast Play instant games each year.

Casino Games

Maryland's six casinos generated $1.964 billion in revenue from slot machines and table games, the third-best overall result in a year and a 4.7% decline from fiscal year 2023.

Of the $824 million casinos paid to the state in fiscal year 2024, $600.7 million went to the Education Trust Fund (ETF), which supports early childhood education, public elementary and secondary education, public school construction, and capital improvement projects. In total, more than $5.8 billion in casino revenue has been transferred to the ETF since the state's first casino opened in September 2010 through the end of fiscal year 2024.

Casino contributions for fiscal year 2024 also went to the following beneficiaries:

• Local Help: $104.9 million in support for the communities where the casinos are located, including contributions to local grants and assistance to local jurisdictions
• Maryland's horse racing industry: $93.7 million, including contributions to the Racetrack Facility Renewal and Horse Racing Purse Dedication accounts
• Maryland Small Business, Minority Business and Women-Owned Business Fund: 20.1 million US dollars
• Responsible Gaming Programs: $4.47 million in fees per slot machine and per table game paid by casino operators to the Problem Gambling Fund

Sports betting and fantasy competitions

Maryland's sports betting market launched in December 2021 and continued to expand in fiscal year 2024. This was the first time mobile betting was available for an entire fiscal year. The state's first mobile sports betting platforms were active for only seven months in fiscal year 2023.

During fiscal year 2024, three retail sports betting locations and two mobile sports betting platforms opened, and 13 retail locations and 12 mobile platforms were in operation during the fiscal year.

All sports betting operators pay 15% of their taxable profits to the Blueprint for Maryland's Future Fund, which supports public education programs. In fiscal year 2024, these contributions totaled $60.3 million. Forfeited sports betting winnings support responsible gambling programs and totaled $985,862 in fiscal year 2024.

Operators of fantasy contests (including daily fantasy sports) also donate 15% of their revenue to Blueprint for Maryland's Future Fund. In fiscal year 2024, these contributions totaled $983,819.”