Scratch Ticket Information Date Completed 4/27/2020 Game # 2073 Confirmed Packs 1,584 Game Name 777 Active Packs 1,127 Quantity Printed 6,117,950 Warehouse Packs 3 Price Point $10 Returned Packs 107 Start Date 12/16/2019 Printed Payout Percentage 70.00% Top Prize 250,000 $ Percent Sold 97.39% Number of Top Prizes Remaining 1 Number of Weeks Out 19 TANGIBLE COSTS Expenditure Impact: Cost to print tickets 695,004 $ Actual ticket production costs Prize payout expense 40,637,750 $ Data from Instant Ticket Tier Liability screen in ES Estimated Direct Costs 41,332,754 $ TANGIBLE BENEFITS Revenue Impact: Estimated sales 59,582,715 $ Based on # of tkts printed, times % sold from DaVinci report, times the price point Total Estimated Benefits 59,582,715 $ Excess of Revenue over Expended 18,249,961 $ 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. 421,450 $ 534,440 $ 551,720 $ 502,537 $ 3,291,377 $ 85% TEXAS LOTTERY COMMISSION Scratch Ticket Game Closing Analysis SUMMARY REPORT Weekly Sales Comparison Information Previous 3 Weeks Sales from DaVinci Percentage Of Variance In Sales Most recent week sales Next week Next week Current Game Sales Analysis Avg Weekly Sales Current Game Avg Weekly Sales $10; 6M Qty Page 1
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TEXAS LOTTERY COMMISSION Scratch Ticket Game Closing ... · Scratch Ticket Information Date Completed 4/27/2020 Game # 2073 Confirmed Packs 1,584 Game Name 777 Active Packs 1,127
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Scratch Ticket Information Date Completed 4/27/2020
Game # 2073 Confirmed Packs 1,584
Game Name 777 Active Packs 1,127
Quantity Printed 6,117,950 Warehouse Packs 3
Price Point $10 Returned Packs 107
Start Date 12/16/2019 Printed Payout Percentage 70.00%
Top Prize 250,000$ Percent Sold 97.39%
Number of Top Prizes Remaining 1 Number of Weeks Out 19
TANGIBLE COSTS
Expenditure Impact:Cost to print tickets 695,004$ Actual ticket production costsPrize payout expense 40,637,750$ Data from Instant Ticket Tier Liability screen in ES
Estimated Direct Costs 41,332,754$
TANGIBLE BENEFITS
Revenue Impact:Estimated sales 59,582,715$ Based on # of tkts printed, times % sold from DaVinci report,
times the price pointTotal Estimated Benefits 59,582,715$
Excess of Revenue over Expended 18,249,961$
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.
421,450$ 534,440$ 551,720$
502,537$
3,291,377$
85%
TEXAS LOTTERY COMMISSIONScratch Ticket Game Closing Analysis
SUMMARY REPORT
Weekly Sales Comparison Information
Previous 3 Weeks Sales from DaVinci
Percentage Of Variance In Sales
Most recent week salesNext weekNext week
Current Game Sales Analysis
Avg Weekly Sales Current Game
Avg Weekly Sales $10; 6M Qty
Page 1
Instant Ticket Information
Game # 2073 Printed Payout Percentage 70.00%
Game Name 777 Actual Payout Percentage 68.20%
Percent Sold 97.39% Number of Weeks Out 19
20
Recommendation
Based on the findings in this Summary Report, I am recommending closing the above game.
I am recommending closing the above game based on the below business reason(s):
Scratch Ticket Strategy Coordinator Date
Products Manager Date
By signing below, I agree with the recommendation of the Products Department Staff to close the above game.
Lottery Operations Division Director Date
Controller Date
Executive Director Date
TEXAS LOTTERY COMMISSION
Average # of Weeks for 85% Sell-through for Same Price Point Game With Similar Print Run.
Scratch Ticket Game Closing AnalysisRECOMMENDATION AND APPROVALS
Page 2
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Bowersock, Dale
From: Tirloni, RobertSent: Thursday, May 7, 2020 6:03 PMTo: Bowersock, DaleSubject: FW: Over 85% Sell-through Game Pre-calls for 5/8/2020Attachments: 2073_777.pdf; 2093 $100 or $200.pdf; 2115 Wild Cash.pdf; 2180 Bonus 7.pdf; 2186 Power 5s.pdf
I’m approving the five Game Closing Analysis forms attached, 5/7/2020. –RT Robert Tirloni Products Manager|Texas Lottery Commission Office: 512‐344‐5406
From: Bowersock, Dale <[email protected]> Sent: Monday, April 27, 2020 4:37 PM To: Tirloni, Robert <[email protected]> Subject: Over 85% Sell‐through Game Pre‐calls for 5/8/2020 Approved – DB – 4/27/2020
CAUTION: This email originated outside the Texas Lottery's email system. DO NOT click links or open attachments unless you expect them from the sender and know the content is safe.
Hi Dale, I do not have issues with the below games. Thanks, Riley
[THIS MESSAGE ORIGINATED FROM A NON‐IGT EMAIL ADDRESS]
Here are the games I would recommend for Pre‐call in May. Under 85% sold: #2001 ‐ $5 ‐ Deuces Wild, 68.07% sold, last week’s sales = $511,440 Over 85% sold: #2073 ‐ $10 ‐ 777, 97.39% sold, last week’s sales = $421,450 #2083 ‐ $20 ‐ $100 or $200, 98.27% sold, last week’s sales = $707,180 #2115 ‐ $2 ‐ Wild Cash, 89.17% sold, last week’s sales = $160,762 #2180 ‐ $5 ‐ Bonus 7, 97.55% sold, last week’s sales = $348,690 #2186 ‐ $5 ‐ Power 5s, 89.15% sold, last week’s sales = $412,510 Please let me know if you have any concerns. Dale CONFIDENTIALITY NOTICE: This message is the property of International Game Technology PLC and/or its subsidiaries and may contain proprietary, confidential or trade secret information. This message is intended solely for the use of the addressee. If you are not the intended recipient and have received this message in error, please delete this message from your system. Any unauthorized reading, distribution, copying, or other use of this message or its attachments is strictly prohibited.
Da Vinci ReportWeek End Date:4/25/20
4/27/20
Product Line Game $ Tix Run Name Start Call Close Wks % Sold Confirmed Active Ware Return
The above referenced invoice(s) have been reviewed and certified as proper, accurate and should be paid by the Texas Lottery Commission.
~~+«L I I Dale Bowersock (Scratch Ticket Strategy Coordinator) ate Please fo rd to the next person for approval
rt Ti oni (Products Manager) Date Plea e forward to the next person for approval
Ryan ~rations Division Director) Date
Please return to Maria Perez in the Office of the Controller by August 9, 2019
Dbow294
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POLLARD banknate limited
Sold To: Texas Lottery Commission P.O. Box 16630 Austin, TX 78761-6630 United States
Terms: Net 30 days after date of invoice
Order No. 1058735
Order name: PO Number:
Product Description
Ticket Size 1 0 x 4 Integrated Overprints I Continuous Image Spectrum process applied to Scratch FX® Spectrum process applied to Scratch FX® ITVM cards
Under unit price '/M' = price per thousand.
Banking Instructions: TO New York 31 W. 52nd Street New York, NY, 10019 ABA# 026003243 Bank Account# 3248176206
None = no games at this level with 85% sell through Excludes Promotional Tickets* only one game at this level with 85% sell through Unaudited - For Internal Use Only
Price Point Price Point
Average Weekly Dollar Sales at 85% Average Sell Through
Price Point Price Point
Instant Ticket Game Analysis2/25/18-2/29/20
Average Number of Weeks for 85% Average Sell Through