LOTTO

Powerball owner's unlucky half for jackpots hits profit

Australia’s biggest lottery operator says it’s had a resilient first half despite it being the least-favourable period for winning jackpots in about four years.

The Lottery Corp, which runs the Powerball and Oz Lotto draws and Keno games, booked a bottom-line first-half net profit of $173.3 million, down 1.4 per cent.

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