The Arkansas Lottery continues to spend more than 70% of its monthly revenue on prizes, according to reports filed with the Governor’s Office.
The reports show the Arkansas Lottery took in more than $47.5 million in September.
Out of that money, $33.4 million was spent on prizes for lottery players — roughly 70.4% of the Lottery’s revenue for the month.
Less than $7.7 million went to college scholarships — about 16.2% of the Lottery’s revenue.
For perspective, the typical state lottery budgets about 60% of its revenue for prizes and about 30% for education.
All told, since Fiscal Year 2021 began last July the Arkansas Lottery has taken in nearly $147 million, but only about 16 cents out of every dollar has gone toward college scholarships.
Below is a breakdown of Lottery revenue, scholarship budgeting, and prize spending so far this fiscal year.
Lottery Scholarship Spending
|Month||Gross Lottery Revenue||Paid to Scholarships||% Gross Revenue|
Lottery Prize Spending
|Month||Gross Lottery Revenue||Total Prizes||% Going to Prizes|