Last week the Arkansas Lottery released its financial reports for the month of October.
The reports show the Arkansas Lottery took in more than $57.5 million last month. However it paid less than $11.3 million for scholarships — less than 20 cents out of every dollar it made.
State lotteries prey on the poor and pull tens of millions of dollars out of the state economy.
Below is a breakdown of lottery revenue and scholarship funding so far this fiscal year.
|Month||Gross Lottery Revenue||Paid to Scholarships||% Gross Revenue|
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.