Mississippi Lottery send more than $9M to state for August
The Mississippi Lottery Corporation sent more than $9 million to the state treasury for proceeds generated in August.
MLC generated $9,632,767.62 in net proceeds, which went to the Lottery Proceeds Fund.
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.
The Mississippi Lottery has transferred more than $18.5 million to the state for Fiscal year 2025, which began July 1, 2024. Since sales began in November 2019, the Mississippi Lottery has transferred more than $409.2 million to the state for roads and bridges, plus more than $188 million for the Education Enhancement Fund.
All numbers contingent on financial audit.