Maryland Lottery and Gaming said Monday it contributed over $1.5 billion to the state through the lottery, six casinos, sports wagering and fantasy sports in the Fiscal Year 2023.
The revenue supports the state’s schools, public health, public safety and other state services. The agency said it is the state’s fourth-largest source of revenue after income, sales and corporate taxes.
The Lottery made $714 million for the state from $2.7 billion in sales, the agency said, up 3.8% from the last fiscal year. Lotto money goes to the Maryland General Fund, which supplies budgets for a litany of state programs.
Maryland’s six casinos raked in $848.1 million for the state from $2 billion in sales, up 2.9% from last year.