Mississippi Lottery: More than $121 million sent to state after more than $432 million in lottery sales

Published 7:03 am Monday, July 25, 2022

Mississippi Lottery officials announced that more than $121 million was transferred to the state after more than $432 million in sales in the last 12 months.

The Mississippi Lottery Corporation completed its final transfer to the state for the fiscal year 2022, bringing the total to $121,570,750.80.

With the funds, $80 million will got to assist with roads and bridges,  and $41,570,750.80 will go to Mississippi’s Education Enhancement fund during FY22.

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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.