June 12, 2017 | Posted in Arkansas Lottery | By

On Friday the Arkansas Lottery released its monthly financial report for May.

According to the report, the Arkansas Lottery took in over $38 million in May, but paid out roughly $7 million in scholarships–about 18 cents for every dollar it made.

Overall, Lottery revenue and scholarship funding have declined since April.

There’s simply no excuse for the Arkansas Lottery’s consistently low scholarship budget. If you would like to know the one thing the Arkansas Lottery could do to pay more to scholarships right now–even if lottery revenue dropped by tens of millions of dollars–click here.

Below is a breakdown of the Lottery’s financial figures for this fiscal year.

Month Gross Lottery Revenue Paid to Scholarships % Gross Revenue
July 38,237,293.92 8,714,386.39 22.8%
August 35,091,022.09 5,498,714.86 15.7%
September 33,113,391.64 5,773,076.42 17.4%
October 34,061,993.14 5,165,040.54 15.2%
November 37,042,079.72 6,570,979.51 17.7%
December 35,352,159.35 4,596,532.22 13.0%
January, 2017 37,062,291.39 7,947,546.21 21.4%
February 41,176,854.60 6,698,099.62 16.3%
March 43,405,541.56 6,204,704.75 14.3%
April 38,671,617.14 7,845,827.56 20.3%
May 38,185,263.61 7,068,770.18 18.5%
Total $411,399,508.16 $72,083,678.26 17.5%

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.