Rhode Island Lottery Paid $433.6M Into General Fund For Fiscal Year

PROVIDENCE, RI — The Rhode Island Lottery paid $433.6 million into the state’s General Fund for the fiscal year that ended June 30, according to a media release from the state legislature.

The money represents the "Lottery’s net income after payment of prize awards, commissions, other costs of gaming operations and operating expenses," the release said. "Overall, Lottery revenue, including gaming activity at the Lottery’s two casinos, experienced an increase during fiscal 2025 compared to 2024. The fiscal 2025 transfer to the state increased $7.2 million over the previous fiscal year."

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The Lottery’s gross profit from gaming operations before operating expenses totaled $443.2 million, according to the release.

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"Video lottery accounted for $313.6 million or 70.8% of total gross profit," the release said. "Net video lottery revenue decreased by approximately 0.6% compared to the prior year."

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The gross profit for online games totaled $43.7 million, down 16.1% from the year before, according to the release, and the decrease was "largely attributable to significantly fewer large jackpot drawings" for PowerBall and Mega Millions in fiscal year 2025 as compared to fiscal year 2024.

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All other operations, including the sportsbook, were also down. But the state did see a boost from iGaming, which "generated $20.8 million in gross profit in its first complete year of operations during fiscal year 2025."

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