Arkansas Lottery forecasts $5M drop in scholarship money

Comment #4

joshuacloak — Thu, 08 Dec 2011 20:25:45 GMT

wait a second what about all that money that goes on unclaimed

does it go back to the scholarship or back to the players in future prize pools for different games

because when they said 68% goes to the prices this quarter

that must mean a lot of people are actually you know claiming the money that they rightfully won

and not letting it go unclaimed

essentially good thing for players

the lottery just telling the state going to get less money because people are apparently payin... [ More ]

Comment #3

rdgrnr — Wed, 07 Dec 2011 21:12:02 GMT

Yep.

Comment #2

CLETU$ — Wed, 07 Dec 2011 21:05:20 GMT

These are politicians.Easy anwers that make sense to the rest of goes over their heads.

Comment #1

rdgrnr — Wed, 07 Dec 2011 20:46:44 GMT

How about this, Arkansas?

Back up a little bit, stop making projections on income, wait till you see what revenues are at the end of the year and then give out scholarships accordingly.

WTF is the problem

Arkansas Lottery forecasts $5M drop in scholarship money

Lottery Post — Wed, 07 Dec 2011 20:02:16 GMT

Arkansas' lottery is on track to bring in roughly $5 million less for scholarships than last year, the games' interim director said Tuesday, as lawmakers prepare to consider whether to reduce the amounts of the scholarships next year.

Interim Lottery Director Julie Baldridge told the lottery's legislative oversight committee that the lottery is on track to raise $89 million for college scholarships for the fiscal year that began July 1. That's a drop from the $94.2 million the games raised in... [ More ]