First Transfer for Fiscal Year 2021
JACKSON, MISS. – Today, the Mississippi Lottery Corporation (MLC) completed its July transfer of $10,148,035.69 in net proceeds to the Lottery Proceeds Fund in the Mississippi State Treasury. This is the first deposit for Fiscal Year 2021 (FY21), which began July 1, 2020.
“This is a great way to start the new fiscal year,” said MLC President Tom Shaheen of the transfer. “In the coming months, we look forward to raising even more revenue for Mississippi’s roads, bridges and education. Since the first day of sales on November 25, 2019, the MLC has transferred more than $80.9 million to the State.”
In accordance with the Alyce G. Clarke Lottery Law, the MLC is required to transfer net proceeds within 20 days following the close of each calendar month.
The Mississippi Lottery Corporation (MLC) was created in 2018 by the Alyce G. Clarke Mississippi Lottery Law, Senate Bill 2001. The MLC is a legislatively created corporation. Visit us online at www.mslotteryhome.com.