Calif. Senate approves higher lottery payouts

Mar 23, 2010, 9:51 am (9 comments)

California Lottery

SACRAMENTO, Calif. — The California Senate has approved a bill intended to dedicate a larger percentage of California lottery money to the public.

The bill would return an additional 3 percent of lottery proceeds in prizes or school aid, increasing the level to 87 percent. Less money could go toward administration.

It passed the Senate on a 32-0 vote Monday and now returns to the Assembly, which approved the bill last year but now must agree with amendments made in the other house.

The bill by Democratic Assemblywoman Mary Hayashi of Hayward also gives the California State Lottery Commission more flexibility in dividing the proceeds between winners and schools.

AP

Comments

maringoman's avatarmaringoman

Of course! The government should get very little of the money as their job is to be the bookie

mookyb75's avatarmookyb75

i really wish this would come to nc with the messy payouts.....glad someone up the pay.... cali you deserve it...

Raven62's avatarRaven62

"The bill would return an additional 3 percent of lottery proceeds in prizes or school aid,"

California Lottery Players won't be making out any better than they were before!

lottocalgal's avatarlottocalgal

Quote: Originally posted by maringoman on Mar 23, 2010

Of course! The government should get very little of the money as their job is to be the bookie

Yeah!

Bring on the payouts!!!!!!!

Now if could just talk a bit about Powerball.........................

fortunenofame

They should reinstate the subscription service. They had a subscription service, but it was discontinued in 1990s, I'm not sure why. However, they would raise additional revenue if the service was restored.

Dollar419's avatarDollar419

This shouldn't have taken a rocket scientist to figure this out!!!  I had stated all along that we need higher payouts to attract new players into the Lottery and to keep the existing players.  "A Day Late/A Dollar Short"  Let's hope it will be worthwhile. Dance

LckyLary

They need to do that here. Would be nice if a Pick-3 win averaged 400 dollars instead of 250. The take out is so high your algorithm needs to be 2x better than Random.

Le Marteau

Actually, another site has an article about this.   The law says that of that 87%, at least 50% must be paid in prizes.  So the players will make out a LITTLE bit better.

Drivedabizness

3% won't do much...

 

87% in prizes or school aid means 13% for admin...they've voluntarily been as low as 14% for over 10 years.

 

They need to be able to drop the school % to like 25% and admin to 10%. They also need to redefine the definition of a lottery game to the same one used in all the other states. The "all paramutuel" rule on online games (thank you CA Supreme Cout for legislating your own, unique definition of what a lottery game is) costs the state over $100 million per year in education $$$ alone.

 

34% of CA's "sandwhich shop" is less $$$ for schools than 25% of a McDonalds franchise...

 

Oh and, professional management (and I mean a THOROUGH housecleaning of every appointed position) is also a necessary component. For almost 20 years, the CA lottery has been a place where good ideas go to die. No staff acountability, poor performance and no vision for the future. Until that changes, we're not going to see the kind of organization that CA deserves.

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