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.

Leave a Reply

Your email address will not be published.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