Instant Ticket Game Closing Analysis SUMMARY REPORT

Transcription

1 TEXAS LOTTERY COMMISSION Instant Ticket Game Closing Analysis SUMMARY REPORT Instant Ticket Information Completed 11/ 17/ 2014 Game # 1546 Confirmed Packs 9,468 Game Name Bin o Multi -Prize Active Packs 5, 390 Quantity Printed 15, 373, 800 Warehouse Packs 6 Price Point 5 Returned Packs 52 Start 7/ 22/ 2013 Printed Payout Percentage % Top Prize 50, 000 Percent Sold % Number of Top Prizes Remaining 0 Number of Weeks Out TANGIBLE COSTS Current Game Sales Analysis Expenditure Impact: Cost to print tickets $ 441, 997 Actual ticket production costs Prize payout expense $ 46, 265, 480' Data from Instant Ticket Tier Liability screen in ES Estimated Direct Costs $ 46, 707, 477 TANGIBLE BENEFITS Revenue Impact: Estimated sales $ 70, 796, 349 Based on # of tkts printed, times % sold from DaVinci report, Total Estimated Benefits $ 70, 796, 349 times the price point Excess of Revenue over Expended $ 24, 088, 872 INTANGIBLE POSITIVE BENEFITS: Allows for open bin space for new games at same price point with higher average weekly sales. Allows retailers to return inventory to TLC that is not selling thus releasing their financial burden INTANGIBLE NEGATIVE BENEFITS: There are still valuable prizes remaining in this game. Assumptions: Estimated sales revenue is calculated based on the number of tickets printed times the percent sold from the DaVinci report. The percent sold amount is based on pack settlements. Some partial packs could be returned thus slightly reducing the sales revenue amount reported above. Weekly Sales Comparison Information Previous 3 Weeks Sales from DaVinci Most recent week sales $ 1, 014,710' Next week $ 1, 089, 720 ' Next week $ 962, 440 Avg Weekly Sales Current Game $ 1, 022, 290 Avg Weekly Sales $ 5-115M M Qty $ 2, 138, 077-' Percentage Of Variance In Sales 52% TEXAS LOTTERY COMMISSION Page 1

2 Instant Ticket Game Closing Analysis RECOMMENDATION AND APPROVALS Instant Ticket Information Game # I1546 Printed Payout Percentage Game Name I Bingo Multi- Prizel Actual Payout Percentage Percent Sold % Number of Weeks Out Average # of Weeks for 85% Sell -through for Same Price Point Game With Similar Print Run % 69,/ 361, Recommendation Based on the findings in this Summary Report, I am recommending closing the above game. Q I am recommending closing the above game based on the below business reason( s): Instant Product Coordinator Products Manager By signing below, I agree with the recommendation of the Products Department Staff to close the above game. Lottery Operations Division Director Controller Executive Director Page 2

3 Sold/Closing ,316,625 BONUS WORD CROSSWORD 2/ 11/ 13 10/28/ 14 12/ 12/ % , , $ 162, , $ 309, ,132, 625 LOTERIA 4/25/ % 12, 173 7, , 810, $ 2, 340, , 276, $ 2,272, ,400, ,000 CASHWORD-O-RAMA 12/ 16/ % 16,624 6, , 786, $ 1, 913, , 784, $ 1, 711, , 373, 800 BINGO MULTI PRIZE /22/ % 9,468 5, , 014, $ 1, 089, , $ 987, , 520, 775- FUN 5S 9/ 1/ 14 10/21/ 14 12/ 5/ % , , 717 1, $ 5, , $ 2,047, , 196, 050 BIG WINNING NUMBERS 11/ 18/ 13 11/ 16/14 12/ 31/ % ,332 2, , $ 211, , $ 250, , 158, 100 PLATINUM PAYOUT 6/23/ 14 12/ 7/ 14 1/ 21/ % 1, , $ 359, , $ 575, , 114, 550 ULTIMATE CROSSWORD 3/ 31/ 14 12! 7/ 14 1/ 21/ % 4,469 1, , $ 505, , $ 703, ,606, MILLION FRENZY 3/7/ 11 12/ 7/ 14 1/ 21/ % 2,643 1, , , $ 535, , $ 461, ,138, XCA$H 8/ 26/ 13 12! 7/ 14 1/ 21/ % 4,039 2, 141 7, , $ 714, , $ 651, Da Vinci 313

4 ESIPS Page 1 of 1 Liability for 1546 / BINGO MULTI PRIZE 1546 for Life to Product Status: SmartCash Enabled: Active N/ A Validation Range: 06/ 01/ / 31/ 2037 Outstanding Prizes Tier Ref SmartCash Tier Value Count Amount Tickets Paid Life to Amount Paid Life to 1 1 N/ A , 540, , 270, N/ A , , 960, N/ A , , 651, N/ A , , 326, N/ A , , 199, N/ A , , 239, N/ A , , 043, N/ A , , 192, N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A , , N/ A 1, , , N/ A 1, , , N/ A 1, , , N/ A 2, , , N/ A 5, , , N/ A 5, , , N/ A 20, , , N/ A 50, , N/ A 50, , ua: s: , 987, , 829, , 265, paid 87.98% 87.23% 86.30% 90.75% 87.77% 90.78% 89.01% 87.36% 90.58% 89.63% % % 87.30% 90.83% % % % % % % % % 85.90% % 88.46% % % % % % % % % % % % % % 85.00% 75.00% % % Est, Tickets Sold / ips/ gameliabilityinquiryutility.do?ipsaction= gameliabili... 11/ 17/ 2014

5 NO. OF TICKETS (+/-2%): 15, 373, 800 NO. POOLS: 43 PACK SIZE: 75 PACKS/POOL: 4, 800 PACKS/ GAME: 204,984 Minimum Quantity: 14,817, 600 TEXAS LOTTERY COMMISSION Maximum Quantity: 15,422, 400 ' Bingo Multi -Prim"- INSTANT GAME NO END OF PRODUCTION PRIZE STRUCTURE 22 -May -13 VERSION 15, 373, 800 $ 5 TICKETS S 76, 869,000 REVENUE PRIZHFUND $ 52, 252, 920 PAYOUT% /. WINN irsin WINNERS IN WINNERS IN PERCENT PR17E PRIZE TIER NOF WAYS ODDS OF ,000 PRIZE OF PRIZE 1' 03R cgdr: CODE 0133 : TO WIN: WIN: IIN: POOLS PER PACK-) Per Pool) COST FUND** I I L Line Card I , 562, , 810, % 2 2 L Line Card 2 1 SIO , ,833, % 3 3 L Line Card 3 1 I S , , 072, % 4 4 L Line Card I Lim Card 2 2 Sly , , 563, % 5 5 L Line Card 4 I S , , 366, % 6 6 L Line Card I + Line Card , SI, 365, % Line Card 2 x 2 Multiplier 1 S , , 419, % 8 8 L 4Comers Card I S , SI, 365, % 9 0 M Line Card 2+ Line Cuda , % 10 0 M Line Card l z 5 Multiplier I S I04OADO 1, 111, % l10 M Line Card I + Line Card 4 S , % 12 0 M Line Cards I % , % 13 0 M Line Card 6 I , % 14 0 M Line Card 2. Line Card , % 15 0 M 4 Comets Card 2 1 S , % 16 0 M 4 Comers Card 1 + Line Card 4 2 S , % 17 0 M Line Card 5 z 2 Multiplier 1 S50 1, , % 18 0 M Line Card I z 10 Multiplier , , % 19 0 M 4 Comers Card 3 1 S50 1, , % 20 0 M Line Card I + Line Card 2 + Litre Card 3 + Line Card 4 4 S50 1, , % 21 0 M Line Card Comers Card I + Line Card , , % 22 0 M 4 Comers Card Corners Card 2 + Line Card , % 23 0 M 4Comers Card d , , % 24 0 M Linc Card 2 z 10 Multiplier I SI , , % 25 0 M 4 Comers Card I z 5 Multiplier 1 S: 1, , % 26 0 M 4 Comers Card , , % 27 0 M 4 Comets Card I+ 4 Comers Card 2 + Line Card 3 + Line Card , , % 28 0 M 4 Comers Card 6 I 200 5, % 29 0 M X' Card , % 30 0 M 4 Comers Card 5 z 2 Multiplier , , % 31 0 M 4 Comers Card 2 z 5 Multiplier , 470 ' , % 32 0 M X. Cord , % 33 0 M X. Card I + 4 Conners Card 4 + Line Card Comers Card 6 4 S500 9, % 34 0 H X- Card3 1 S1, , , 000 DOM% 35 0 H X' Cud 2 z 2 Multiplier I 51, , % 36 0 H XCard 1 +' X' Card Corners Cud Comers Card 6 4 1, , , % 37 0 H X' Card l + X' Card 2 + X' Card Comers Card 4+ Lim Card Corners Cardio 6 2, , , / H: H X' Card 3 z 5 Multiplier X' XX C4 1 i 55,000 55, , , " , , % 0. 19% 40 0 H X' Card5 I 20,ODO 960, , % 41 0 H X' Card 4 z 10 Multiplier 1 50,000 1, 537, '" , % 42 0 H X. Canl6 I W,000 2, 562, % , 348, , S 52, 252, ",1. VALIDATION TIERVALIDATION LEVELS LEVELS % 77% MID MID TIER TIER % 41% 2, 2, 83% 83% % 00% "" "" Conaolidatd ddsam l in: ,562, 134 SIO ,382 S , , , ,628 S , , , , , , , ,269 SLOOO 168, , , , , , , I6 550, , , 348,821 Each Each of of the the following following GLEPS GLEPS will will be be used used in in approximately approximately % 67% of of each each pack pack of of tickets. tickets. Numbers Numbers are are rounded. rounded. Number Number trims trims This of of in in guaranteed guaranteed delivery to to the Lottery This delivery the Lottery Low = SI SI - - S24. 99, 99, Tier Tier = = S599, S599, High Tia Tia = Low Tier Tier = S24. Mid S25 S25 - High S600+( S600+( Used Used for Validation Validation Purposes) Purposes) Mid - = for APPROVED: APPROVED: TEXAS LOTTERY COMMISSION TEXAS LOTTERY COMMISSION

6 TEXAS LOTTERY COMMISSION Bingo Multi -Prize" - INSTANT GAME NO PRIZE STRUCTURE 5/ 22/ 2013 VERSION A Each of the following GLEPS will be used in approximately % of each pack of75 tickets. PRIZE A Line Card Line Card Line Card Line Card 1 + Line Card Line Card Line Card 1 + Line Card Line Card 2 x 2 Multiplier Corners Card B C DD E F 11 = $ = = = $ = 60 4 = = $ = 1 = = $ = 15 0 = = $ = 1 = = $ = 0 = = $ = 1 = = $ 0 1 = 20 0 = $ Note: There will not be more than 23 winners per pack. APPROVED: TEXAS LOTTERY COMMISSION DATE

7 No. 11/ 17/ 14 Game Name Game No Inv No. Vendor TLC PO # Bingo Multi-Prize PBL RL018 Truck# Description/Tickets Delivered Qty Units per 1000 Unit Price Amount 1 2, 468,475 2, , , 231, 750 3, , , 227,775 3, , , 224, 775 3, , , 221, 025 3, , , Delivered 15, 373, 800 Ordered 15, 120,000 2% under 14, 817,600 2% over 15, 422,400 Accetable Range Total $ 441,

8 Instant Ticket Games 912/ 12-8/ 30/ 14 Average Number of Weeks for 85% Average Sell Through Print Price Point Quantities M None None None None None 5M M Week 10* Week 15 Week 22 Week 17 None 10M M Week 17 None Week 37* Week 17* None 15M M None Week 14* Week 21 Week 36 None 20.M M Week 21 * None Week 28 None None 25M M None None None None None 30M M Week 31 * Week 46 Week 63 None None 35M None None None None None Average Average Weekly Weekly Dollar Dollar Sales Sales at at 85% 85% Average Average Sell Sell Through Through Print Price Point Quantities M None None None None None 5M M 525, , , 810 1, 863, 720 None 10M M 584,414 None 1, 030, 600 2, 529, 425 None 15M M None 1, 868, 863 1, 949,683 2, 138, 077 None 20M M 846, 703 None 1, 937, 226 None None 25M M None I None None None None 30M M 836, 678 1, 189, $ 1, 276, None I None 35M None None I None I None I None None None = = no no games games at at this this level level only only one one game game at at this this level level Instant Instant Ticket Ticket Sales Sales Analysis Analysis thru thru BY BY AVERAGE AVERAGE WEEK WEEK Exhibits Exhibits B+ B+ CC Page Page 11 of of 22