Arkansas Lottery – Page 62

AR Lottery Consistently 8% – 9% Below National Average on Education

Dec 1, 2014JerryArkansas LotteryArkansas Lottery

From 2010 through 2013, the average state lottery paid out approximately 29% of its gross revenue to the state for education funding, scholarships, or other purposes. During that time the Arkansas Lottery only paid out 20.5% – 21.6%–roughly 8% – 9% below the national average.

This is based on research we have assembled this year. We have reviewed annual reports from every state lottery for fiscal years 2010, 2011, 2012, and 2013. The findings are not good for Arkansas.

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College Graduation Rate Remains Flat Despite State Lottery

Oct 29, 2014JerryArkansas LotteryArkansas Lottery

One of the selling points of the Arkansas Lottery was that it would send more students to college and bring more college graduates into Arkansas’ workforce. However, as the Lottery celebrates its fifth anniversary, college graduation statistics seem to show the Arkansas Lottery isn’t living up to its promises.

According to data from the Chronicle of Higher Education, from 2002 to 2007 Arkansas’ graduation rate rose roughly 5%. In 2002, 15% of college students in Arkansas graduated in 4 years, and 35% graduated in 6 years. By 2007, 20.7% of students graduated in 4 years, and 40% graduated in 6 years.

Since 2007, however, the graduation rates have remained fairly flat. By 2010 only 19.7% of Arkansas college students graduated in 4 years, and 38.7% graduated in 6.

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Lottery Commissioners Express Reservations About Review

Sep 26, 2014JerryArkansas LotteryArkansas Lottery

According to the Arkansas Democrat-Gazette, members of the Arkansas Legislature have approved bringing an outside group in to review the Arkansas Lottery, but lottery officials aren’t particularly thrilled about the idea.

Legislators want Camelot Global Services of Philadelphia to conduct a review of the Arkansas Lottery–presumably to look for inefficiencies and make recommendations on ways to improve the Arkansas Lottery. All told, the review is slated to cost about $169,500, and legislators want the Arkansas Lottery Commission to foot half the bill. According to the newspaper, however, at least 4 members of the Arkansas Lottery Commission have expressed reservations over paying for that.

Now, keep in mind that this is the same Lottery Commission that has approved expenditure after expenditure in the face of declining scholarship proceeds. This summer alone, the Arkansas Lottery: (more…)