Limited Time Offer. Become a Founder Member Now!

Lottery director says net revenue up, guidance to be revised upward

April 25, 2025 | Senate , Committees , Legislative, New Hampshire


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Lottery director says net revenue up, guidance to be revised upward
Charlie McIntyre, director of the New Hampshire Lottery Commission, told the Senate Budget Committee that lottery net revenues have roughly tripled from 2015 to 2025 while operational expenses have grown more slowly, and that the commission will revise revenue guidance upward for the current and coming two fiscal years.

McIntyre provided a brief summary of gross and net revenues and noted the Lottery’s operating expenses are paid from lottery receipts rather than the general fund. “From 2015 to 2025, our net revenues have really tripled and our expenses have not even doubled,” he said, and added the commission expects to upwardly revise guidance for the fiscal year that will be presented to the Ways and Means committee.

Ending: McIntyre offered to answer questions and noted the commission’s budget is self‑funded and does not draw from general‑fund appropriations.

View full meeting

This article is based on a recent meeting—watch the full video and explore the complete transcript for deeper insights into the discussion.

View full meeting

Sponsors

Proudly supported by sponsors who keep New Hampshire articles free in 2025

Scribe from Workplace AI
Scribe from Workplace AI