Mississippi Lottery deposits April Transfer money
The Mississippi Lottery Corporation (MLC) has made its April transfer of $13,340,558.99 to the Lottery Proceeds Fund in the Mississippi State Treasury. This brings the total transfer for Fiscal Year 2021 (FY2021) to $114,993,099.30.
“We are very pleased with April’s transfer to the state,” said MLC President Tom Shaheen. “To date for FY 2021, the MLC has sent $80 million to road and bridge needs around the state, along with $34,993,099.30 to the Education Enhancement Fund!”
Per the Alyce G. Clarke Mississippi Lottery Law, the first $80 million in net proceeds goes to road and bridge needs around the state for 10 years. Net proceeds over $80 million go to the Education Enhancement Fund.
DeSoto County News Service