Mississippi Lottery announces November transfer to the state

Published: Dec. 15, 2022 at 11:10 AM CST
Email This Link
Share on Pinterest
Share on LinkedIn

JACKSON, Miss. (WDAM) - The Mississippi Lottery Corporation has completed its November transfer to the state for $12,849,707.47. This brings the Fiscal Year 2023 total transfer to approximately $50,718,856.81.

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 each fiscal year goes to Mississippi Department of Transportation projects while proceeds exceeding $80 million in a fiscal year are earmarked for the Education Enhancement Fund.

All numbers are contingent on a financial audit.

Want more WDAM 7 news in your inbox? Click here to subscribe to our newsletter.