2005 Senate Bill 8: Revise lottery revenue distribution

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Introduced by Sen. Cameron Brown (R) on January 12, 2005, to revise the formula for the distribution of lottery revenue, establishing that at least one-half the net lottery revenue go to the state School Aid Fund, rather than requiring all of it to go there. The bill would also establish that no more than 45 percent of the gross receipts be paid out in prizes, that no more than five percent of the gross receipts be used for administration, including, but not limited to, expenses for advertising and programs for compulsive gaming prevention.
- Referred to the Senate Appropriations Committee on January 12, 2005.

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1) 1/2 of what exactly? by tripgrunt on October 22, 2005
is that 1/2 of total ticket sales or would they take the winnings first, then administrative costs and then only 1/2 of whats left? where can i go (on the web) to even find out what the current 'formula' even is? how do i know which is the better deal?
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2) 2005 Senate Bill 8 (Revise lottery revenue distribution ) by admin on January 1, 2001
Introduced in the Senate on January 12, 2005

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