Mississippi News

Lottery announces October transfer amount

  The Mississippi Lottery Corporation (MLC) completed its October transfer of $11,209,968.78 in net proceeds to the Lottery Proceeds Fund in the Mississippi State Treasury. This brings the approximated Fiscal Year 2022 net proceeds total to $44,357,237.52.

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.

Earlier in November, the MLC surpassed the $1 billion mark in gross sales, achieving this milestone in less than two years from the first day of sales, With sales reaching this level, the MLC has been able to return nearly a quarter of a billion dollars to the State of Mississippi for roads, bridges and education since sales began Nov. 25, 2019.

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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