November 15, 2017 | Posted in Arkansas Lottery | By

Last week the Arkansas Lottery released its monthly report detailing revenue and expenses for October.

The Lottery reportedly took in $39.8 million, but paid less than $5.7 million to scholarships — about 14.2% of the Lottery’s revenue for the month.

Overall, the Arkansas Lottery’s income is higher than it was this time last year. Lottery revenue is up nearly $22 million compared to 2016, but scholarship funding has risen by only $2.8 million.

As we have said for years: The Arkansas Lottery’s problem is not income; it’s priorities. The Lottery needs to prioritize scholarship funding. As it stands, students get a pathetic 17 cents of every dollar the Lottery makes.

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

Month Gross Lottery Revenue Paid to Scholarships % Gross Revenue
July $ 36,885,396.81 $ 6,661,762.99 18.1%
August 49,320,459.23 8,912,741.54 18.1%
September 36,405,731.14 6,755,333.93 18.6%
October 39,802,740.53 5,667,305.74 14.2%
Total $ 162,414,327.71 $ 27,997,144.20 17.2%

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.