Annual Report 2025

Mike Wells

From the Director

In 2025, Oregon Lottery focused on actively managing our game portfolio and the systems that support it. Keeping our games fresh and our equipment up to date improves the player experience and supports a sustainable technology system, now and into the future.

The year also marked key Legislative and Lottery Commission actions that brought policy changes to the Lottery, including allowing winners to remain anonymous and establishing a regulatory framework for third party lottery courier services.

Through it all, staff remained focused on our core mission to deliver needed funds to programs Oregonians care about – totaling $887 million in fiscal year 2025.

Some of Lottery’s key accomplishments this year included:

Replacing underperforming Lucky Lines game with Cash Pop

Launching Beaver State Bonanza – a Video Lottery game exclusive to Oregon

Transitioning Mega Millions from a $2 to $5 ticket

Releasing our first $30 Scratch-it (now a top seller)

Introducing new Video Lottery Terminal models

Continued upgrades for retailer internet connections

Mike Wells
Oregon Lottery Director

Winner Anonymity Law, Ticket Discounting and Courier Rules Take Effect

A new law in 2025 required the names and addresses of Oregon Lottery winners to be anonymous. Previously, a winner’s name was public record under Oregon’s public records law. House Bill 3115, passed by lawmakers, states that Oregon Lottery may not publicly disclose a winner’s name and address without the winner’s written authorization.

Oregon Lottery may release other public information about a prize win such as the city in which the winner resides, the retailer that sold the winning ticket, the game played, and the prize amount. A winner may authorize Lottery in writing to use their name and photos but otherwise, Lottery will not release a winner’s name and address.
House Bill 3115 also prohibits the purchase or sale of a winning lottery ticket in response to a cottage industry of so-called “discounters.” The discounters buy winning tickets for less than their value from players, then cash them in for the prize amount.
Under rules adopted by the Oregon State Lottery Commission, Lottery will also prohibit courier services to sell tickets outside the state in 2026. The new regulatory framework will ensure a courier service follows best practices including prohibiting sales to minors and persons outside Oregon, securely storing tickets, and protecting customer data. Other state lotteries have adopted similar measures.

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Oregon Lottery Earns Top Honors from National Council on Problem Gambling

Oregon Lottery’s efforts to educate and support responsible gaming initiatives were recognized nationally with four top awards. Each year, the National Council on Problem Gambling (NCPG) honors individuals and organizations from around the world for their significant impact in the fields of problem gambling awareness, research, and responsible gambling.

Oregon Lottery earned awards in the following categories:

  • Corporate Social Responsibility Award for Oregon Lottery’s overall program
  • Corporate Public Awareness Award for Oregon Lottery’s “Safer Play” PSA campaign
  • Corporate Multicultural Communications Award for Oregon Lottery’s “multicultural digital/print media marketing campaign”
  • Don Feeney Award for Responsible Gambling Excellence (individual honor) – Stacy Shaw, Oregon Lottery senior manager for product marketing

The awards showcase the shared commitment to safer play that extends across the entire agency and positions Oregon as a national leader.

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Celebrating 40 Years of Oregon Lottery

Oregon Lottery celebrated a big milestone in 2025 – the 40th anniversary of when the first lottery tickets were sold on April 25, 1985. To commemorate the anniversary, Oregon Lottery created a 40th Anniversary Scratch-it, themed after Lottery’s very first game, Pot of Gold. The ticket was also the first $30 ticket offered and became a top seller for 30 weeks after its introduction.

Lottery is now the state’s second largest funding source after personal income tax, contributing over $17.8 billion to state programs.

“As we look to the future, we remain committed to operating the lottery as a stable and reliable source of funding for our state,” said Oregon Lottery Director Mike Wells.

Other Oregon-themed games also showed strong performance in 2025. For the fourth year in a row, the natural beauty of Oregon State Parks was showcased in the “Adventures” themed Scratch-its.

At the end of September, the exclusive Beaver State Bonus Bonanza Video Lottery game launched in retailers across Oregon. Appearing in close to 2,000 Video Lottery locations, the game is a hit with players and is outperforming other popular titles, ranking among the top five games.

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Oregon Home to $328.5 Million Powerball Win

Coming off a $1.3 billion Powerball jackpot win in 2024, Oregon’s streak of good luck continued into 2025. A Beaverton man won a Powerball ticket worth $328.5 million. It was purchased in January at the Beaverton Fred Meyer on SW Walker Road.

Fred Meyer earned a $100,000 bonus for selling the jackpot ticket, and the store announced it would donate $50,000 to the Oregon Food Bank as part of its Zero Hunger | Zero Waste social impact strategy.

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Oregon Lottery Introduces Cash Pop to Game Portfolio

The new draw game Cash Pop was launched in January 2025 to Oregon players. The game replaced Lucky Lines, which had its last draw on January 12. Cash Pop features a chance to win every hour from 7 a.m. to 10 p.m.

The game offers players something they were asking for – a chance to win more frequently. As players pick their favorite numbers, a “pop” or match could result in a prize between $5 and $2,500.

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Springfield Educator Named Oregon’s Teacher of the Year

A proud sponsor of the program, Oregon Lottery helped honor Springfield Public Schools special education teacher Sally Golden as Oregon’s 2025-26 Teacher of the Year. The award is given in partnership with the Oregon Department of Education.

Golden has been a special education teacher in the district for 20 years and has coordinated the Community Transition Program for the past 14 years. She facilitates, writes and implements educational plans for young adult students with disabilities

Lottery’s sponsorship of the award includes a $10,000 award for Golden and $5,000 for the Community Transition Program she leads. Some 50 Oregon Lottery staff ambassadors also recognized Regional Teacher of the Year recipients across the state at local celebrations.

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Sports Betting Continues Upward Growth

Oregonians placed more than 456,000 bets through Oregon Lottery’s DraftKings Sportsbook during the Super Bowl in 2025 – setting a new record for any single sports event. Wagers for the Super Bowl totaled $8.26 million.

Overall, Oregon saw a 7% increase in the number of unique, active players who placed a wager on the gaming platform from 2024. In 2025, Oregon players placed a total of 35 million bets valued at $927 million – an increase in gross gaming revenue of almost 23%. Oregon Lottery debuted online sports betting in October 2019.

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Statement of Revenues & Expenses

Operating Revenues
Sales:
Video Lottery℠ (Net Revenue*) $1,166,921,763
Sports Wagering (Net Revenue*) 89,958,000
Scratch-its℠ Instant Tickets (Net of Returns) 174,537,807
Keno 106,053,526
Powerball® 51,133,176
Megabucks℠ 31,656,814
Mega Millions® 53,647,534
Raffle℠ 2,500,000
Win For Life℠ 4,476,248
Cash Pop™ 4,205,694
Lucky Lines℠ 855,496
Pick 4℠ 2,050,060
Provision for Uncollectibles (1,045,473)
Other Income 1,380,906
Total Operating Revenues 1,688,331,551
Operating Expenses
Prizes (excluding Video and Sports) 275,357,995
Retailer Commissions 305,553,834
Salaries and Wages 79,194,498
Depreciation and Amortization 39,344,779
Services and Supplies 42,280,427
Game Vendor Charges 58,804,121
Advertising and Market Research 6,002,087
Public Information 1,102,244
Tickets 4,126,039
Game Equipment Parts and Maintenance 11,204,393
Sales Support 892,753
Total Operating Expenses 823,863,170
Operating Income 864,468,381
Nonoperating Revenues (Expenses)
Interest 23,712,660
Investment and Securities Lending Income (Loss) 4,799,722
Insurance Recoveries 18,234
Gain (Loss) on Disposition of Assets (30,091)
Investment Expenses – Securities Lending (80,065)
Investment Expenses (11,496)
Interest Expense (218,839)
Total Nonoperating Revenues (Expenses) 28,190,125
Income Before Transfers 892,658,506
Transfers
Transfers to the Economic Development Fund (887,426,294)
Transfers to the General Obligation Bond Fund (2,431,814)
Total Transfers (889,858,108)
Change in Net Position 2,800,398
Net Position – Beginning 321,333,464
Change in Accounting Principle (4,617,254)
Net Position – Beginning – As Restated 316,716,210
Net Position – Ending 319,516,608

*Net revenue = dollars wagered – prizes paid