Marketplace Morning Report Big wins for businesses that sell lotto tickets
Sep 8, 2025
The massive $1.787 billion Powerball jackpot has sparked a surge in lottery ticket sales, benefiting convenience stores and online retailers. Amidst this excitement, the emotional toll of job losses due to federal layoffs is highlighted, showcasing the financial struggles of affected families. Additionally, a recent immigration enforcement raid in Georgia raises questions about the future of U.S.-South Korea business relations. This mix of fortune and hardship offers a unique perspective on economic resilience in uncertain times.
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Jackpots Drive Store Traffic And Small Margins
- Large jackpots boost foot traffic and visibility for convenience stores that sell tickets.
- Stores earn roughly $0.05–$0.06 per dollar and often get repeat customers who buy more once inside.
Online Lottery Sales Surge During Big Jackpots
- Online lottery retailers see massive spikes during billion-dollar jackpots compared with past big prizes.
- Jackpot.com reported five to ten times the volume of the last billion-dollar drawing.
Tickets As An Economic Barometer
- Lottery-buying spikes reflect broader economic feelings like insecurity or lack of opportunity.
- Jonathan D. Cohen says ticket purchases act as a barometer of how stuck people feel in their jobs.