Sales have been down once more on the Massachusetts Lottery in April, pushing the company even additional behind its record-setting revenue tempo of the final fiscal yr.
April 2022 gross sales of $465.5 million represented a drop of $25.9 million or 5.3% from April 2021, Interim Executive Director Mark William Bracken informed the Lottery Commission Tuesday. The dip adopted a 4% year-over-year decline in March.
The gross sales drop mixed with a $9.8 million multi-state prize settlement for Mega Millions and Powerball that was processed in April, and a better prize payout share, led to an estimated $27.4 million lower in web revenue in comparison with April 2021.
Through 10 months of the fiscal yr, Lottery gross sales of $4.94 billion are up $73.2 million or 1.5% over the identical 10 months of fiscal 2021, however this yr the Lottery’s web revenue is working $38.4 million behind fiscal 2021.
Accountant jailed for defrauding a number of cities
An accountant who stole almost $1 million from a number of cities he labored for has been sentenced to greater than three years in jail, prosecutors mentioned Tuesday.
Justin Cole, 40, of Uxbridge, pleaded responsible to 18 expenses together with counts of larceny and was sentenced Worcester Superior Court, the AG’s workplace mentioned in an announcement.
Cole stole the majority of the cash whereas working as Uxbridge’s city accountant from 2012 till 2017.
He stole the funds by submitting and approving dozens of false invoices and associated submissions that brought about the city to pay for companies not offered.
Cole was additionally the principal of Bay State Municipal Accounting Group, which offered monetary companies to cities, and in addition defrauded Wenham, Millville and Monterey by way of fraudulent billing. In all, he stole greater than $930,000, prosecutors mentioned.
Source: www.bostonherald.com”