Kansas Lottery makes record $75M transfer to state for FY 2015

A strong year for the Kansas Lottery has transferred a record payday to the state.

Although total lottery sales won’t be calculated until after June 30, the lottery transferred more than $75 million to Kansas for its fiscal year 2015, beating the previous high by over $500,000.

Lottery revenues go to the State Gaming Revenues Fund, with the first $50 million divided proportionately. An initial transfer of $80,000 goes to the state’s problem gambling and addictions fund.

Following that deposit, 85 percent is transferred to the economic development fund, 10 percent to a correctional institutions building fund and 5 percent to a juvenile detention facilities fund.

The remaining $25 million is allocated to the state’s general fund.

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