How is your state lottery revenue spent?

Reply #7

goldrush — Sun, 18 Dec 2005 02:05:54 GMT

The UK Lottery 50% is paid to players in prizes 28% is returned to the Good Causes 12% goes to the Government in Lottery Duty 5% is paid to National Lottery retailers, as well as a 1% commission on prizes which they pay to winners (for prizes between 10 and 200) 4.5% covers operating costs, including lottery systems and marketing 0.5% is our profit The way the UK lottery revenue is divided up, has changed a little.

Reply #6

TheGameGrl — Sat, 17 Dec 2005 20:57:28 GMT

Pennsylvania *Used* to promote how ALL proceeds went to senior citizens programs. Under the current lottery regulations only about 30% now goes to senior citizens programs, promoting lower medication cost, share-a-ride programs, mass transportation,utility programs for the elderly. Education would seem to be the wise avenue to disperse funds towards, but I have seen first hand how the higher education system abuses the funds given them.

Reply #5

LosingJeff — Sat, 17 Dec 2005 18:55:42 GMT

Ours is spent in Tahiti on Margueritas

Reply #4

Sherwin — Sat, 17 Dec 2005 17:43:19 GMT

From the Virginia Lottery website, Since 1999, all Virginia Lottery profits have been used for public education in the Commonwealth, for kindergarten through 12th grade.

Reply #3

Rip Snorter — Sat, 17 Dec 2005 12:29:47 GMT

New Mexico:53 percent to players (Includes jackpot prize payments to the Multi-State Lottery Association for Powerball)4.2 percent prize tickets8.3 percent cost of the product6.9 percent to ticket retailers3.4 percent administrative costs24.2 percent to educational programs

Reply #2

goldrush — Sat, 17 Dec 2005 07:58:43 GMT

The UK LotteryOut of every pound spent on the National Lottery, 28 pence goes to the five good causes. So each good cause gets 5.6 pence.There is a pie-chart diagram describing the split:Prizes 50%Good Causes 28%Lottery duty 13% (Government Tax)Retailer commission 5%Operating costs 3%Profit 1% The National Lottery works in partnership with the 14 lottery distributors, to support Good Causes in the arts, sport, heritage, health, education, environment... [ More ]

Reply #1

LOTTOMIKE — Sat, 17 Dec 2005 07:47:38 GMT

here we have an education lottery.......

How is your state lottery revenue spent?

goldrush — Sat, 17 Dec 2005 07:45:04 GMT

In Massachusetts Lottery revenues are distributed to the 351 cities and towns of the state according to a local aid formula established by the Legislature. Lottery funds are not earmarked for any specific programs, allowing cities and towns to choose how they would like to spend the funds.