Connect with us
[the_ad_placement id="manual-placement"] [the_ad_placement id="obituaries"]

News

Lottery transfers $7.6 million to state treasury on $80.7 million in sales

Published

on

From the Mississippi Lottery Corporation:

In accordance with the Alyce G. Clarke Lottery Law, the Mississippi Lottery Corporation made its first transfer of $7,621,232.37 in net proceeds to the Lottery Proceeds Fund in the Mississippi State Treasury on Jan. 17, 2020.

The MLC is required to transfer net proceeds within 20 days following the close of each calendar month.

“We are very pleased with these early results,” said MLC President Tom Shaheen. “Retailer and player support have been fantastic in our collective efforts to raise money for roads, bridges and education needs for the state of Mississippi.”

Lottery sales began on Nov. 25, 2019, with the introduction of four instant scratch-off games. Sales through the first eight weeks of sales ending Jan. 18, 2020, have exceeded $80.7 million. Players have claimed more than $44 million in prizes so far, including, but not limited to:

  • 730–$500 prizes
  • 63– $2,000 prizes
  • 1– $2,500 prize
  • 11– $3,000 prizes
  • 6– $5,000 prizes
  • 1– $15,000 prizes
  • 18– $20,000 prizes
  • 2– $100,000 prizes

“On Jan. 7, the MLC introduced its first $10 game with a top prize of $200,000,” said Shaheen. “Player interest has been extremely high. We look forward to our first $200,000 winning ticket being claimed.

“Retailers have earned more than $4.8 million in commission through Jan. 18,” he continued. “As of January 21, 2020, the MLC has more than 1,400 active selling retailers. We anticipate having approximately 1,500 retailers by the time Powerball® and Mega Millions® go on sale Jan. 30.”

See a typo? Report it here.