Title: State Lottery for Scholarship Funding
Vote to pass a bill that establishes a state lottery, including the use of video lottery terminals at pari-mutuel racetracks, to fund the Hathaway Scholarship Endowment Fund and the Wyoming Pari-Mutuel Commission.
-Authorizes video lottery terminals at pari-mutuel racetracks, provided that the retailer pays an initial application fee of at least $1 million for each pari-mutuel racetrack (Sec. 1). -Requires at least 45 percent of the net proceeds from the sale of lottery tickets or shares, not including sales from video lottery terminals, be made available as prize money (Sec. 1). -Requires the following percentages of annual net proceeds from video lottery terminals at peri-mutuel racetracks be distributed as follows (Sec. 1):
Title: State Lottery for Scholarship Funding