What Massachusetts Lottery does

Massachusetts Lottery is a state-run lottery game operated by the Massachusetts State Lottery Commission (MSLC), serving Massachusetts residents through a statewide network of authorized retailers. Founded in 1971 and headquartered in Dorchester, MA, the lottery generated $5.96 billion in total lottery sales in FY2025 with over $1 billion in net profits for the sixth consecutive fiscal year, ranking as the leading per capita performing US retail lottery. Its core product set spans physical instant scratch tickets at multiple price points (including premium $30 Cashword and $2,000,000 Stacked games) and traditional draw-based games distributed exclusively through authorized physical retail locations.

The business is expanding its platform via a contracted partnership with Aristocrat Interactive, which is building and operating a new iLottery digital channel scheduled to launch in summer 2026. The platform will offer virtual scratch tickets and two new daily draw games (Mass 3 and Mass 4), with player account management and third-party game aggregation capabilities. Under the revenue-sharing arrangement, the vendor's share is capped at 5%, and the platform is expected to generate $70 million in net profit in Year 1, growing to nearly $360 million annually by Year 10.

The revenue model is primarily transactional, with revenue generated from ticket sales (unit pricing) across both retail and forthcoming digital channels. The customer base is the general Massachusetts adult population seeking entertainment and prize-winning opportunities, with lottery proceeds supporting the state budget. Distribution is fully domestic and limited to Massachusetts, reflecting the state-sanctioned monopoly structure that constitutes the organization's primary competitive moat.

Name

Massachusetts Lottery

Legal name

Massachusetts Lottery

Website

https://masslottery.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

State Lottery Services

NAICS

Gambling Industries (7132), Other Gambling Industries (713290)

akta.pro primary industry

Lottery Operators (Government & Private Licensed) (MPAEAFAA)

akta.pro secondary industries

Draw-Based Lottery Management (Number Games, Keno as Lottery) (MPAEAFAE), Lottery Ticket & Instant Games (Scratch-Off) Publishing/Printing (MPAEAFAC), Lottery Data, Analytics & Responsible Gaming Tools (MPAEAFAJ)

Keywords

• State lottery games
• Instant scratch tickets
• Draw-based games
• ILottery platform
• Retail lottery sales

Headquarters

HQ city

Dorchester

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Marketing or Sales, Personnel, Technology or R&D

Revenue model

1. Traditional Lottery Sales: Retail lottery sales including instant scratch tickets and draw games. Revenue from ticket sales across the state network of authorized retailers.
2. iLottery Online Games: Online lottery game sales through digital platform. Revenue-sharing model with Aristocrat Interactive, with maximum 5% going to the vendor.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Core offering

The Massachusetts Lottery is a state-run lottery operated by the Massachusetts State Lottery Commission that sells physical and (soon) digital lottery games to consumers. Its product mix includes instant scratch tickets at multiple price points (such as the premium $30 Cashword and the $2,000,000 Stacked games) and draw-based games, distributed through a statewide network of authorized retailers and an upcoming iLottery online platform built with Aristocrat Interactive.

Product overview

The Massachusetts Lottery operates a comprehensive lottery platform comprising traditional retail instant and draw-based games along with an upcoming iLottery digital channel. The core portfolio includes instant scratch tickets at various price points (notably the premium $30 Cashword and $2,000,000 Stacked games), retail draw games, and daily draw games (Mass 3 and Mass 4) that will be available both in retail and via the new iLottery online platform. The iLottery expansion, developed with vendor Aristocrat Interactive, represents a significant platform extension enabling virtual scratch tickets and online daily draws. The organization generated $5.96 billion in total sales in FY2025 with over $1 billion in net profits.

Differentiator

Problem solved

Functional benefit

Products and services

• Traditional Retail Lottery Physical lottery products (instant scratch tickets and draw-based games) sold through authorized retail locations across Massachusetts; generated $5.96 billion in total lottery sales in FY2025.
• $2,000,000 Stacked Instant Ticket Game High-tier instant scratch ticket with a $2 million top prize and stacked multi-tier prize structure for Massachusetts lottery players.
• $30 Cashword Ticket Premium-priced instant lottery ticket featuring a cashword theme, sold at $30 per ticket with promotional access offers.
• iLottery Online Platform Digital lottery platform enabling online sales of virtual scratch tickets and daily draw games (Mass 3 and Mass 4), accessible to Massachusetts players via web and mobile channels.
• Mass 3 Daily Draw Game Daily draw lottery game offered through the iLottery platform, allowing players to select numbers and win prizes based on daily drawings.
• Mass 4 Daily Draw Game Daily draw lottery game offered through the iLottery platform, giving players an additional daily draw option beyond Mass 3.

Quantifiable outcome

• $5.96 billion in total lottery sales in FY2025
• +3 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Aristocrat InteractivecoreTechnology or Integration · 28 May 2026Aristocrat Interactive contracted by Massachusetts State Lottery Commission to build and operate the iLottery platform under a revenue-sharing model with maximum 5% vendor share. Platform to include virtual scratch tickets, daily draw games (Mass 3 and Mass 4), player account management, and third-party game aggregation. Five-year contract with three additional three-year extension options, launching July 2026.
• Massachusetts State Lottery CommissioncoreOthersGoverning body that authorized and oversees the iLottery program. The MSLC is the contracting authority for the Aristocrat Interactive platform and sets lottery policy for the Commonwealth of Massachusetts.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• California State Lottery: Operated by the California State Lottery Commission, it offers scratchers and draw games through an extensive retail network. Comparable as a large, government-run state lottery with traditional retail-led distribution similar to Massachusetts.
• Illinois Lottery: Operated under private management (Camelot Illinois / later S&B) for the state, Illinois runs a large retail and online lottery. Comparable in scale and in the structure of state-private operating partnerships to the Massachusetts model.
• Texas Lottery Commission: State-run lottery operator serving the largest US state population with instant and draw games through authorized retailers. Highly comparable business model and product mix to the Massachusetts Lottery, with a similarly large revenue base.
• Georgia Lottery Corporation: State-run lottery that contributes all profits to the state's HOPE Scholarship program, operating instant and draw games. Directly comparable in mission, structure, and product mix to the Massachusetts Lottery.
• Pennsylvania Lottery: One of the only US state lotteries to operate its own iLottery platform, offering online instant and draw games alongside retail. Highly relevant peer because it has already navigated the digital lottery launch that Massachusetts is pursuing with Aristocrat Interactive.
• New York Lottery: Operated by the New York State Gaming Commission, the New York Lottery is one of the largest US state lotteries with a similar mix of instant scratch, draw games, and a statewide retail network. Most directly comparable in scale and product breadth to the Massachusetts Lottery.
• Ohio Lottery: State-run lottery offering instant and draw games plus an established iLottery channel. Comparable to Massachusetts as a mid-to-large state operator transitioning into digital, with a similar product and distribution model.
• Florida Lottery: State-run lottery operated by the Florida Department of the Lottery, with a sizable retail footprint and a mix of scratch and draw games. Directly comparable state-operator model and product portfolio to the Massachusetts Lottery.

Others

• International Game Technology (IGT): Major B2B supplier of lottery systems, instant tickets, and draw games to US state lotteries. Comparable as the dominant technology and content provider in the same lottery value chain that the Massachusetts Lottery operates in.
• Aristocrat Interactive (NeoGames): Technology vendor building and operating the Massachusetts iLottery platform. Comparable because it powers the same digital lottery product category (iLottery platforms, player accounts, game aggregation) that Massachusetts is launching, and serves as the strategic counterpart.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/MAStateLottery
• LinkedInlinkedin.com/company/massachusetts-state-lottery

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Massachusetts Lottery