9-17-111. Disposition of lottery proceeds.
(a) As nearly as practical, at least forty-five percent (45%) of the total revenue from the sale of lottery tickets or shares shall be made available as prize money, provided, however, that this subsection shall be deemed not to create any lien, entitlement, cause of action or other private right and any rights of holders of tickets or shares shall be determined by the corporation in setting the terms of its lottery or lotteries.
(b) On or before the fifteenth day of each quarter, the corporation shall transfer to the treasurer's office, for credit to the lottery account which is hereby created, at least seventy-five percent (75%) of the net proceeds from the preceding quarter. Final reconciliation of the transfer to the state under this subsection shall be determined at the end of each fiscal year based on the audited annual financial statements. Upon their deposit into the account, any monies representing a deposit of net proceeds shall then become the unencumbered property of the state of Wyoming and the corporation shall have no power to agree or undertake otherwise. At least once per fiscal year, these monies shall be paid by the treasurer to the treasurers of the counties, cities and towns for payment into their respective general funds. The percentage of the balance that will be distributed to each county and its cities and towns will be determined by computing the percentage that sales of lottery tickets collected by retailers in each county including its cities and towns bear to total sales of lottery tickets collected by retailers in all counties including their cities and towns. This percentage of the monies shall be distributed within each county as follows:
(i) To each county in the proportion that the population of the county situated outside the corporate limits of its cities and towns bears to the total population of the county including cities and towns;
(ii) To each city and town within the county in the proportion the population of the city or town bears to the population of the county.
(c) Repealed by Laws 2017, ch. 158, ยง 2.
(d) No general fund monies or any other state funds or monies in any form shall be used to fund any liability or deficiency in the lottery account under this section. No general fund monies or any other state funds or monies in any form shall be used for any program or project started specifically from lottery proceeds unless specifically appropriated by the legislature.
Structure Wyoming Statutes
Title 9 - Administration of the Government
Section 9-17-101 - Short Title.
Section 9-17-102 - Legislative Findings and Declarations.
Section 9-17-103 - Definitions.
Section 9-17-105 - General Duties of Board of Directors.
Section 9-17-106 - Appointment of Chief Executive Officer; Compensation.
Section 9-17-107 - General Powers of Corporation.
Section 9-17-108 - Adoption by Board of Procedures Regulating Conduct of Lottery Games.
Section 9-17-109 - Duties of Chief Executive Officer.
Section 9-17-110 - Employees; Compensation; Restrictions; Background Investigations; Bonding.
Section 9-17-111 - Disposition of Lottery Proceeds.
Section 9-17-116 - Fidelity Fund for Retailers; Assessments.
Section 9-17-117 - Cancellation, Suspension, Revocation or Termination of Retail Contracts.
Section 9-17-118 - Restrictions on Sale of Tickets or Shares; Price; Gifts and Promotions.
Section 9-17-121 - Sales to Minors; Penalty; Affirmative Defense.
Section 9-17-123 - Penalty for Making False Statements or False Entries in Books or Records.
Section 9-17-125 - Bidding Requirements and Procedures for Contracts.
Section 9-17-126 - Appeals From Actions of Board.
Section 9-17-128 - Reports by Corporation; Audits; Budget; Fiscal Year.