Mississippi News

Lottery announces December transfer amount

The Mississippi Lottery Corporation completed its December transfer of $10,653,263.22 in net proceeds to the Lottery Proceeds Fund in the Mississippi State Treasury. This brings the Fiscal Year 2024 total to $66,232,833.39.

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.

Bob Bakken

Bob Bakken provides content for DeSoto County News and its social media channels. He is an award-winning broadcaster, along with being a reporter and photographer, and has done sports media relations work with junior and minor league hockey teams. Along with his reports on this website, you will find this veteran media member providing sports updates and high school football play-by-play on Rebel 95.3 FM Radio.

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