April 11, 2016 | Posted in Arkansas Lottery | By

Today the Arkansas Lottery published financial reports for the month of March. The documents show the Arkansas Lottery took in approximately $40.6 million in March, but paid less than $5.8 million to scholarships–in other words, only about 14.2% of the Lottery’s gross revenue actually went to scholarships.

Since Fiscal Year 2016 started in July, the Arkansas Lottery has grossed more than $345 million, but only $60.1 million has gone to scholarships–about 17.4% of its total revenue.

Below is a breakdown of the Arkansas Lottery’s figures for Fiscal Year 2016.

Month Gross Lottery Revenue Paid to Scholarships % Gross Revenue
July $ 31,665,651.14 $ 5,784,683.09 18.3%
August 31,265,177.55 5,490,094.00 17.6%
September 36,134,389.63 6,624,967.11 18.3%
October 35,261,533.80 6,020,642.32 17.1%
November 32,226,599.28 5,725,139.09 17.8%
December 38,670,746.09 6,425,754.66 16.6%
January, 2016 58,746,249.00 13,831,359.75 23.5%
February 40,790,144.05 4,474,356.06 11.0%
March 40,579,421.05 5,758,892.84 14.2%
Total $ 345,339,911.59 $ 60,135,888.92 17.4%

Jerry is the founder and president of Family Council. He began Family Council in 1989 after a successful effort to amend the Arkansas Constitution to prevent the use of public funds for abortions. He and his wife reside in Little Rock. They have four sons.