Oregon sports betting has quickly become one of the state Lottery’s most popular products since it first became legal in 2019, with the number of players increasing by 43% from 2022 to 2023.

Oregonians wagered more than $565 million on sports betting during the last fiscal year. That’s more than all the money spent on Powerball, Mega Millions, Keno and Scratch-it tickets combined. Bettors wagered an average of $5,603 total during the previous fiscal year, according to Oregon Lottery data.

It’s a new, lucrative revenue stream for a state heavily reliant on Lottery dollars, but critics argue it’s hooking a younger generation on a particularly dangerous form of gambling.

In Oregon, Lottery dollars make up the second-largest source of revenue outside the general fund.

Of the $565 million placed on bets last year, the state took home $55 million after prizes and other payouts. DraftKings, the sole sportsbook in the state, takes a 49% cut of the total revenue.

That’s a tiny fraction in the Lottery’s overall $1.67 billion net revenue, which is still dominated by video slot machines. But sportsbook revenue increased 72% in one year, according to a state audit of the Lottery’s finances, and has seen surging popularity each year.