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Louisiana lottery transfer $10 million to state30 January 2008LOUISIANA -- As reported by the Shreveport Times: "The Louisiana Lottery Corporation has transferred more than $10.2 million from December revenue to the state treasury department, bringing its fiscal year total transfers to $63,056,025 million. "President Rose Hudson said that December revenue of more than $29.1 million resulted in $10,213,145 being sent to the state treasury. "November revenue of more than $29.8 million resulted in $10,459,865 being transferred to the state treasury last month. "...Under state law, the treasury department receives 35 percent of every $1 in Lottery sales, which is earmarked for the Minimum Foundation Program that funds public education in Louisiana..." |