Wednesday, October 13, 2010

Car Cash Title Loans: About the Lottery





At Car Cash Title Loans, please remember to play responsibly.   Support your family first before playing.  Get a quick loan HERE.

On November 6, 1984, 58% of California's voters approved Proposition 37, the California State Lottery Act. The Act provides that at least 34% of the Lottery revenues must go to public education. This supplemental funding provides schools with additional resources to meet their locally determined needs.

The act specifies the lottery is operated and administered by a Commission appointed by the Governor. The Legislature has the authority to amend the Lottery Act if, by doing so, it furthers the purposes of the measure. The proceeds of lottery ticket sales are distributed as follows:

    * A minimum of 50% returned to the public in the form of lottery prizes.
    * At least 34% to public education.
    * No more than 16 percent for administrative expenses of operating the lottery, with 6.9 percent for retailer commissions and bonuses, 3.4 percent for operating expenses and 2.9 percent for game costs.

California Lottery Commission

The California Lottery is governed by a Commission appointed by the Governor. Annually the commission selects a new chairperson. Visit the Commission Bios page to learn more about the members of the commission.

Regular meetings of the board are held as needed but at least quarterly. The meetings are open to the public. See Commission Schedule for the schedule for future and past meetings.
Lottery Games & Revenue

Lottery ticket sales started out at about $1.8 billion in the first year, growing to a peak of $2.6 billion in 1989, declining until 1992, and have steadily increased since that time. Lottery sales in fiscal year 2005/06 totaled over $3.5 billion.

The Lottery's menu of games includes six different types with the majority of these sales coming from two of the most popular games - the SuperLotto and Scratchers tickets.

Take a look at our Game Descriptions & Odds page for an overview of each game.
Lottery Contributions to Education

The Lottery's mandate in the California State Lottery Act is to provide supplemental funding to California public education on all levels from kindergarten through the University of California plus several specialized schools. The goal of the Lottery has been to work to meet the needs of education for funding by managing sales growth. All segments of the public schools receive the same per pupil funding level from the Lottery based on average daily attendance of students in each school district.

Take a look at the Supporting Education section for more information on how the Lottery contributes to Education.
Locations

There are ten California Lottery offices throughout California including our Headquarters in Sacramento, California. To find the office nearest you, visit the Office Locations page.
Security / Integrity

The California Lottery Security/Law Enforcement division have sworn peace officers in the ten lottery offices and headquarters, employed to ensure the security of lottery games, equipment and lottery players.
Click HERE for article source:

No comments:

Post a Comment