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LOTTERY TRANSFERS MORE THAN $10.5 MILLION FROM MAY REVENUE TO THE STATE TREASURY
June 23, 2008
The Louisiana Lottery Corporation announced today that it has transferred more than $10.5 million from May revenue to the state treasury department, bringing its fiscal year total transfers to $121.8 million.
Lottery President Rose Hudson said that May revenue of more than $30 million resulted in $10,500,360 being sent to the state treasury.
"Since we began operations in 1991, over $5.5 billion in revenue has been generated by Lottery scratch-off and draw-style game ticket sales, and more than $1.9 billion has been transferred to the state treasury department," she added.
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