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Mississippi Lottery Corporation Announces April Transfer to the State

By: Magnolia Tribune - May 19, 2020

Yesterday, the Mississippi Lottery Corporation (MLC) completed its April transfer of $9,709,843.36 in net proceeds to the Lottery Proceeds Fund in the Mississippi State Treasury. This brings the total amount deposited to the state to more than $47.2 million since launch on November 25, 2019.

“We are pleased to be able continue to raise funds to benefit Mississippi’s roads, bridges and education,” said MLC President Tom Shaheen. “Yesterday, the Mississippi Department of Transportation (MDOT) announced the awarding of initial paving contracts using lottery dollars. It is exciting to play a part in these developments that will benefit Mississippians!”

For a complete list of MDOT projects using lottery net proceeds, click here.

In accordance with the Alyce G. Clarke Lottery Law, the MLC is required to transfer net proceeds within 20 days following the close of each calendar month.

Press Release

5/19/2020

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.