Lottery August transfer of $11.3 million to State
The Mississippi Lottery Corporation completed its August transfer of $11,304,926.36 in net proceeds to the Lottery Proceeds Fund in the Mississippi State Treasury. This brings the Fiscal Year 2024 total to $24,721,137.72.
In accordance with the Alyce G. Clarke Lottery Law, the MLC is required to transfer net proceeds within 20 days following the close of each calendar month. The first $80 million goes to Mississippi Department of Transportation projects; proceeds exceeding $80 million are earmarked for the Education Enhancement Fund.
All numbers contingent on annual financial audit.