Earlier this month the Arkansas Lottery released its financial report for March.
The report shows the Arkansas Lottery took in nearly $52 million, but paid out only a little over $8.5 million for college scholarships — about 16.5% of all the money it made.
For perspective, the typical state lottery gives education programs about 30% of the money it makes. Louisiana’s lottery spends 35%.
During the recent legislative session, lawmakers rejected two proposals that would have incrementally increased the percentage of lottery revenue students receive to 25% by the year 2025.
Below is a breakdown of lottery revenue and scholarship spending so far this fiscal year.
| Month | Gross Lottery Revenue | Paid to Scholarships | % Gross Revenue |
| July | $42,413,352.70 | $5,066,628.73 | 11.9% |
| August | 40,343,279.62 | 6,175,998.40 | 15.3% |
| September | 35,198,809.72 | 7,783,450.82 | 22.1% |
| October | 57,575,285.62 | 11,259,040.31 | 19.6% |
| November | 37,700,016.00 | 6,821,411.01 | 18.1% |
| December | 45,859,642.73 | 6,650,791.54 | 14.5% |
| January, 2019 | 40,574,813.28 | 7,848,495.62 | 19.3% |
| February | 41,060,111.75 | 8,198,257.31 | 20.0% |
| March | 51,988,380.67 | 8,552,307.04 | 16.5% |
| Total | $392,713,692.09 | $68,356,380.78 | 17.4% |
