Today the Arkansas Lottery released its financial reports for the month of July, marking the beginning of Fiscal Year 2018.
According to the reports, the Arkansas Lottery took in nearly $36.9 million, but paid out less than $6.7 million for scholarships–about 18% of its gross revenue for the month.
This is down from July of last year, when the Arkansas Lottery made $38.2 million and paid $8.7 million to scholarships.
You can read the Arkansas Lottery’s July report here.
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.