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Lawmakers weigh repeal of Pennsylvania lottery profit‑margin mandate; state estimate shows $1.24 billion over 10 years
Summary
Representative Melissa Schusterman told the House Finance Committee that House Bill 1058 would eliminate the lottery profit‑margin mandate so the Pennsylvania Lottery could set competitive prize odds and pricing.
Representative Melissa Schusterman told the House Finance Committee that House Bill 1058 would eliminate the lottery profit‑margin mandate so the Pennsylvania Lottery could set competitive prize odds and pricing.
Schusterman, the bill sponsor, said the mandate prevents the Lottery from matching pricing practices used by the seven highest grossing state lotteries and that changing the statutory requirement would allow more competitive products. “My legislation accomplishes this by eliminating the profit margin mandate,” she…
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