AMP News

AR Lottery revenue increases; no change for scholarship proceeds

The Arkansas Scholarship Lottery’s revenue totaled $35 million in August, increasing by $3.8 million since last year. Net proceeds raised for college scholarships for the month stayed at $5.4 million, the same as a year ago. The lottery’s revenue and net proceeds for scholarships reached record levels in July due to the lottery enjoying the benefits of increased revenue from the national Mega Millions and Powerball jackpots of around $500 million each.

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