AR Lottery Pays 17-Cents on the Dollar to Scholarships in October
Earlier today the Arkansas Lottery released its financial report for the month of October.
The report shows lottery revenue fell by more than $872,000 from September to October; and scholarship proceeds dropped by more than $600,000 during that time.
All told, the Arkansas lottery paid 17.1% of its gross revenue toward scholarships during the month of October–the lowest percentage of any month this fiscal year.
Below is a breakdown of lottery ticket sales and scholarship revenue for Fiscal Year 2016: (more…)