Mississippi Code
Chapter 115 - Alyce G. Clarke Mississippi Lottery Law
§ 27-115-85. Allocation of revenues

Until June 30, 2028, net proceeds generated by the Alyce G. Clarke Mississippi Lottery Law, created pursuant to Sections this chapter and deposited into the Lottery Proceeds Fund under Section 27-115-51(2), except as otherwise provided in this section, shall be paid into the State Highway Fund by warrant issued by the State Fiscal Officer upon requisition of the State Transportation Commission as needed to provide funds to repair, renovate and maintain highways and bridges of the state; however, funds paid into the State Highway Fund under this section shall be first used for matching federal funds authorized to the state pursuant to any federal highway infrastructure program implemented after September 1, 2018. However, all such monies deposited into the Lottery Proceeds Fund over Eighty Million Dollars ($80,000,000.00) in a fiscal year shall be transferred into the Education Enhancement Fund for the purposes of funding the Early Childhood Learning Collaborative, the Classroom Supply Fund and/or other educational purposes. From and after July 1, 2028, the net proceeds shall be deposited into the Lottery Proceeds Fund and shall be transferred to the State General Fund, except for the amounts over Eighty Million Dollars ($80,000,000.00) which shall continue to be deposited in the Education Enhancement Fund as provided above.

Structure Mississippi Code

Mississippi Code

Title 27 - Taxation and Finance

Chapter 115 - Alyce G. Clarke Mississippi Lottery Law

§ 27-115-1. Short title

§ 27-115-3. Legislative intent

§ 27-115-5. Definitions

§ 27-115-25. Employment of attorney by board authorized

§ 27-115-35. Bond for protection of corporation; other surety in lieu of bond; annual review of bond

§ 27-115-37. Bulk sale of lottery tickets by retailer, bulk purchase by investment syndicate, investment group, etc., prohibited

§ 27-115-39. Toll-free telephone number of compulsive or problem gambling referral or information service organizations to be printed on lottery tickets

§ 27-115-41. Publication of quarterly and annual financial statements

§ 27-115-47. Prize awarded in deferred annuity payments may be voluntarily assigned to a person other than the winner under certain circumstances and with judicial approval

§ 27-115-59. Lottery retailer to post bond or letter of credit

§ 27-115-67. Display of signs on licensed premises providing toll-free telephone number of compulsive or problem gambling referral or information service organizations

§ 27-115-81. Possession of illegal lottery devices prohibited; material false statement; material false entry in record submitted to corporation; penalties for violation

§ 27-115-85. Allocation of revenues

§ 27-115-87. Corporation division heads, employees are public servants

§ 27-115-89. Reports; annual audit by independent auditor

§ 27-115-91. Informational submission of annual operating budget to Joint Legislative Budget Commission