Lottery announces October transfer to the State
The Mississippi Lottery Corporation (MLC) is turning more than $9.5 million to state coffers for the month of October.
As is required by law, the MLC completed its October transfer to the state for $9,579,510.40, bringing Fiscal Year 2023 total transfer to approximately $37,869,149.34.
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.