Mississippi News

Lottery announces December transfer to the State


The Mississippi Lottery Corporation has completed its December transfer to the state for $10,501,678.23, bringing Fiscal Year 2023 total transfer to approximately $61,220,535.

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 each fiscal year goes to Mississippi Department of Transportation projects; proceeds exceeding $80 million in a fiscal year are earmarked for the Education Enhancement Fund.

All numbers contingent on 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.

Leave a Reply

Your email address will not be published. Required fields are marked *