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Home > Where the Money Goes Where the Money GoesFiscal Year 2008 (July 1, 2007 - June 30, 2008)$49,491,086 was transferred to the General Fund in Fiscal Year 2008. There are over 250 programs supported by the General Fund. The following gives an overview of the Maine State Lottery's disbursements for FY 2008. 1. Player Prizes - $143,951,249 By law, a minimum of 45% of Lottery sales must be dedicated to prizes. In Fiscal Year 2008, 63% of total Lottery sales were paid out as prizes 2. Agent Commissions and Bonuses- $16,535,950 In Fiscal Year 2008, $16,535,950 was paid to Lottery agents in commissions and bonuses. 3. Vendor Fees - $11,083,323 In Fiscal Year 2008, $11,083,323 was paid to Lottery vendors. 4. Funding for State Programs - $49,491,086 In Fiscal Year 2008, over $49 million was transferred to the General Fund. 5. Outdoor Heritage - $811,844 In Fiscal Year 2008, approximately $811,844 was transferred to the Outdoor Heritage Fund. 6. Maine Operating Expenses - $3,302,223 In Fiscal Year 2008 Maine's Operating Expenses were $3,302,223. |
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