Hoosier Lottery

Courtesy / Hoosier Lottery

A private company that manages Indiana’s lottery has failed to meet the state’s revenue goals for the two years it’s been in charge. In response, the State Lottery Commission Friday drastically lowered the targets the company has to meet.

As part of its contract to manage the lottery, management firm GTECH set revenue goals it had to meet or pay a penalty to the state.  It just missed the target its first year and this year it’s on track to fall short by nearly 80 million dollars, bringing in less money than last year.