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 is the most recognized and most trusted name in DeSoto County news and sports reporting, as readers continue to express their appreciation for his accuracy and fairness in the stories he writes. Bob provides content for DeSoto County News and occasionally is heard on the OB Pod podcast talking about area happenings. A former newspaper editor and writer, his award-winning background also includes television news producing, sports media relations, and radio broadcasting.

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