April 26, 2019 | Posted in Arkansas Lottery | By

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%

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.