Scroggins: Lottery Proceeds To Sag

From www.tulsaworld.com ~ Oklahoma Lottery expects to make its required 35 percent obligation to education in the next fiscal year, but the amount will drop, the Oklahoma Lottery Commission was told Tuesday.

The commission approved a proposed 2010 budget calling for $66.7 million to go to education, less than the slightly more than $69 million projected in fiscal year 2009, which ends June 30, said Jim Scroggins, director.

The figure is expected to drop due to a decline in sales, in part because Arkansas is set to start its lottery next year, Scroggins said.

By law, the lottery must give 35 percent of revenues to education.

Since its inception about four years ago, that figure is about $280 million, said Rollo Redburn, director of administration.

Share |