How is the revenue from the Hoosier Lottery distributed?

Published 01/28/2008 10:38 AM   |    Updated 05/14/2009 11:02 AM

How is the revenue from the Hoosier Lottery distributed?

Per IC 4-30-16, the surplus revenue in the Lottery Commission’s Administration Trust Fund is to distributed in the following manner:

1.        $30 million annually to Public Employees Retirement Fund (PERF)

2.        $30 million annually to the Teacher’s Retirement Fund (TRF)

3.        Remaining funds are deposited in the Build Indiana Fund (BIF)

Additional information on the Hoosier Lottery’s expenses and revenues can be found at http://www.in.gov/hoosierlottery/index1024.asp.

 

http://www.in.gov/sba/

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