The Arkansas Lottery recently released its financial report for the month of January.
The report shows the Arkansas Lottery took in nearly $63 million, but paid only $10.9 million to scholarships — approximately 17.3 cents out of every dollar the lottery made.
The report also indicates the Arkansas Lottery spent 66.3% of its revenue on prizes for lottery players.
For perspective, the typical state-run lottery spends about 30% of its revenue on education and about 60% on prizes.
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 | $49,780,369.99 | $8,592,573.93 | 17.3% |
| August | 49,672,105.04 | 7,862,917.44 | 15.8% |
| September | 47,501,224.72 | 7,691,576.99 | 16.2% |
| October | 42,615,839.96 | 8,447,337.00 | 19.8% |
| November | 43,115,514.84 | 8,207,598.88 | 19.0% |
| December | 50,329,644.30 | 5,970,922.53 | 11.9% |
| January, 2021 | 62,994,737.27 | 10,913,192.32 | 17.3% |
| Total | $346,009,436.12 | $57,686,119.09 | 16.7% |
Related posts:
Arkansas Lottery Still Spends Most of Its Money On Prizes, Little On Scholarships: September Report
Lottery Spends 16% of Revenue on Education, 71% on Prizes
Lottery Spends Almost 70% of Revenue on Prizes in Fiscal Year 2021
Arkansas Lottery Spends 19 Cents of Every Dollar on Scholarships in FY 2017