This morning the Arkansas Lottery released its financial reports for the month of September.
The report shows the Arkansas Lottery gave college students a paltry 18 cents out of every dollar it made last month, despite selling more than a million dollars worth of lottery tickets every single day.
Since Day One the Arkansas Lottery has put other priorities ahead of Arkansas’ students.
At the rate things are going, the Arkansas Lottery is on track to pay out $70 – $75 million for scholarships this fiscal year — which would be one of the worst years in the Lottery’s history.
Below is a breakdown of lottery revenue and scholarship funding so far this fiscal year.
| Month | Gross Lottery Revenue | Paid to Scholarships | % Gross Revenue |
| July | $41,239,173.79 | $4,523,930.75 | 11.0% |
| August | 40,899,086.75 | 4,942,736.97 | 12.1% |
| September | 36,202,677.79 | 6,565,973.32 | 18.1% |
| Total | $118,340,938.33 | $16,032,641.04 | 13.5% |
