Oklahoma lottery lags in profits
Oklahoma’s lottery ranks eighth in the nation in the percentage of proceeds going to government use, but in terms of actual dollars going to the government it ranks 33rd among the nation’s 42 state lotteries, the Tulsa World reports.
Oklahoma lottery officials blame the disparity on a legal requirement that 35 percent of net sales go to the Oklahoma Education Lottery Fund, which they say limits what the lottery can offer in prizes.
Arkansas’ lottery has no legal minimum that must be spent on college scholarships, but officials say they expect the Arkansas Academic Challenge Scholarship Program to receive about 25 percent of sales.
Tags: Arkansas Scholarship Lottery
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