Last week the Arkansas Lottery released its report for the month of March.
The report shows the Arkansas Lottery took in nearly $47.9 million — the highest revenue of any month since March of last year.
Despite selling so many lottery tickets, Arkansas’ college students received less than $7.4 million last month — about 15 cents out of every dollar the Arkansas Lottery made.
More than $33 million went to prizes for lottery players.
As we have said time and time again, the Arkansas Lottery does not make scholarship funding a priority. If it did, Arkansas’ college students would get more than 15% – 16% of the Lottery’s revenue.
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% |
| October | 38,932,640.23 | 6,318,099.21 | 16.2% |
| November | 36,118,641.12 | 5,947,177.45 | 16.5% |
| December | 46,134,469.21 | 6,371,983.49 | 13.8% |
| January, 2020 | 40,802,067.75 | 8,239,083.77 | 20.2% |
| February | 40,670,746.71 | 7,233,556.77 | 17.8% |
| March | 47,876,969.85 | 7,386,497.30 | 15.4% |
| Total | $368,876,473.20 | $57,529,039.03 | 15.6% |
