Last week the Arkansas Lottery released its financial reports for the month of October.
The reports show the Arkansas Lottery took in more than $57.5 million last month. However it paid less than $11.3 million for scholarships — less than 20 cents out of every dollar it made.
State lotteries prey on the poor and pull tens of millions of dollars out of the state economy.
Below is a breakdown of lottery revenue and scholarship funding so far this fiscal year.
|Month||Gross Lottery Revenue||Paid to Scholarships||% Gross Revenue|