State Lottery Puts Up Dismal Numbers for Second Month in a Row

This week the Arkansas Lottery released its financial reports for the month of August.

The report shows that the Arkansas Lottery took in nearly $40.9 million last month, but paid less than $5 million to college scholarships — about 12% of all the money the Arkansas Lottery made.

In July, the Lottery set aside only $4.5 million for scholarships, making it one of the Lottery’s worst months since 2014.

August was one of the Arkansas Lottery’s top 20 months from the past five years when it came to gross revenue. But August was the Arkansas Lottery’s fifth worst month in the past five years when it came to college scholarships.

In other words, lottery revenue appears to be just fine, but the Lottery Office isn’t budgeting very much money for college scholarships.

The Arkansas Lottery is notorious for putting other priorities ahead of the scholarships it is supposed to fund, but the Lottery Office is only two months into Fiscal Year 2020, and already its scholarship budget is near a five-year low.

Below is a breakdown of Lottery revenue and scholarship funding so far this fiscal year.

Month Gross Lottery Revenue Paid to Scholarships % Gross Revenue
July $41,239,173.79 $4,523,930.75 11.0%
August 40,899,086.75 4,942,736.97 12.1%
Total $82,138,260.54 $9,466,667.72 11.5%

Below is a look at lottery revenue and scholarship funding since Fiscal Year 2015.

Month Gross Lottery Revenue Paid to Scholarships % Gross Revenue
July, 2014 30,925,067.43 5,928,447.99 19.17%
August, 2014 31,571,412.10 5,296,965.80 16.78%
September, 2014 30,710,493.31 4,317,227.10 14.06%
October, 2014 32,959,739.29 5,939,625.59 18.02%
November, 2014 30,617,278.28 5,577,035.16 18.22%
December, 2014 34,507,731.54 5,474,318.77 15.86%
January, 2015 35,433,619.67 7,287,773.28 20.57%
February, 2015 41,770,314.46 6,161,343.01 14.75%
March, 2015 37,367,453.25 6,898,524.35 18.46%
April, 2015 33,866,970.54 5,881,005.95 17.37%
May, 2015 35,689,036.10 5,409,050.48 15.16%
June, 2015 33,815,559.59 8,278,928.14 24.48%
July, 2015 31,665,651.14 5,784,683.09 18.27%
August, 2015 31,265,177.55 5,490,094.00 17.56%
September, 2015 36,134,389.63 6,624,967.11 18.33%
October, 2015 35,261,533.80 6,020,642.32 17.07%
November, 2015 32,226,599.28 5,725,139.09 17.77%
December, 2015 38,670,746.09 6,425,754.66 16.62%
January, 2016 58,746,249.00 13,831,359.75 23.54%
February, 2016 40,790,144.05 4,474,356.06 10.97%
March, 2016 40,579,421.05 5,758,892.84 14.19%
April, 2016 37,516,802.47 7,392,837.00 19.71%
May, 2016 38,485,146.05 6,606,164.94 17.17%
June, 2016 34,983,951.24 11,249,220.37 32.16%
July, 2016 38,237,293.92 8,714,386.39 22.79%
August, 2016 35,091,022.09 5,498,714.86 15.67%
September, 2016 33,113,391.64 5,773,076.42 17.43%
October, 2016 34,061,993.14 5,165,040.54 15.16%
November, 2016 37,042,079.72 6,570,979.51 17.74%
December, 2016 35,352,159.35 4,596,532.22 13.00%
January, 2017 37,062,291.39 7,947,546.21 21.44%
February, 2017 41,176,854.60 6,698,099.62 16.27%
March, 2017 43,405,541.56 6,204,704.75 14.29%
April, 2017 38,671,617.14 7,845,827.56 20.29%
May, 2017 38,185,263.61 7,068,770.18 18.51%
June, 2017 38,517,227.85 13,193,652.18 34.25%
July, 2017 36,885,396.81 6,661,762.99 18.06%
August, 2017 49,320,459.23 8,912,741.54 18.07%
September, 2017 36,405,731.14 6,755,333.93 18.56%
October, 2017 39,802,740.53 5,667,305.74 14.24%
November, 2017 36,186,107.78 6,691,228.00 18.49%
December, 2017 44,716,219.32 6,583,355.77 14.72%
January, 2018 44,063,056.11 8,230,861.00 18.68%
February, 2018 39,389,927.57 5,947,647.50 15.10%
March, 2018 53,523,320.61 7,945,570.02 14.85%
April, 2018 42,064,194.78 7,192,997.10 17.10%
May, 2018 40,447,182.69 8,037,624.80 19.87%
June, 2018 37,685,874.97 13,364,612.64 35.46%
July, 2018 42,413,352.70 5,066,628.73 11.95%
August, 2018 40,343,279.62 6,175,998.40 15.31%
September, 2018 35,198,809.72 7,783,450.82 22.11%
October, 2018 57,575,285.62 11,259,040.31 19.56%
November, 2018 37,700,016.00 6,821,411.01 18.09%
December, 2018 45,859,642.73 6,650,791.54 14.50%
January, 2019 40,574,813.28 7,848,495.62 19.34%
February, 2019 41,060,111.75 8,198,257.31 19.97%
March, 2019 51,988,380.67 8,552,307.04 16.45%
April, 2019 43,951,257.94 8,176,383.34 18.60%
May, 2019 41,158,346.08 8,396,193.42 20.40%
June, 2019 38,413,526.87 13,482,789.59 35.10%
July, 2019 41,239,173.79 4,523,930.75 10.97%
August, 2019 40,899,086.75 4,942,736.97 12.09%

Family Council Opposes Amendment to Legalize Casino-Style Games Under Lottery

On August 30 the group Arcade Arkansas filed an amendment to legalize coin-operated machines under the auspices of the Arkansas Lottery.

Family Council President Jerry Cox issued a statement saying,

“This amendment will bring casino-type gambling machines into convenience stores and eating places all over Arkansas.  It will turn the corner convenience store into a casino and create hangouts where people can gamble 24 hours a day.  This amendment is not about helping students or veterans.   This amendment allocates absolutely no money for scholarships or veterans.  Instead, it turns all the money over to Arkansas’ failing lottery.  It allows up to 15,000 gambling machines with little or no oversight to prevent fraud.  The state of Georgia has spent years trying to dig itself out of the crime these machines and their owners brought to the state. “

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