The Mississippi Lottery Corporation (MLC) has transferred $8,958,297.15 to the Lottery Proceeds Fund in the Mississippi State Treasury for the month of November 2023. This brings the total amount transferred for the fiscal year 2024 to $55,760,559.96. The MLC is required to transfer net proceeds within 20 days following the close of each calendar month in accordance with the Alyce G. Clarke Lottery Law.
The Mississippi Lottery Corporation has once again made a significant contribution to the state of Mississippi. The MLC has transferred $8,958,297.15 to the Lottery Proceeds Fund in the Mississippi State Treasury for the month of November 2023. This brings the total amount transferred for the fiscal year 2024 to $55,760,559.96. The MLC is committed to ensuring that the proceeds from the lottery are used to benefit the people of Mississippi.
The Mississippi Lottery Corporation was established in 2018 and has since been generating revenue for the state of Mississippi through the sale of lottery tickets. The proceeds from the lottery are used to fund various state projects, including transportation and education. The Mississippi Lottery has been a great success since its inception, with the state generating millions of dollars in revenue each year.
The transfer of funds to the Lottery Proceeds Fund is an important step in ensuring that the state of Mississippi can continue to fund important projects. The MLC is committed to ensuring that the proceeds from the lottery are used to benefit the people of Mississippi.
In conclusion, the Mississippi Lottery Corporation has transferred $8,958,297.15 to the Lottery Proceeds Fund in the Mississippi State Treasury for the month of November 2023. This brings the total amount transferred for the fiscal year 2024 to $55,760,559.96. The MLC is committed to ensuring that the proceeds from the lottery are used to benefit the people of Mississippi .