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Legislative analysts map sports-wagering receipts: $2.67 billion wagered yielded roughly $17.4 million to state in FY25
Summary
Fiscal staff showed how the state’s 10% share of adjusted sports-wagering revenue flows through the Lottery Operating Fund to designated accounts — including a $750,000 transfer to a white-collar crime fund and a large portion to a newly created fund to attract pro teams.
Legislative fiscal analysts and Lottery officials told a committee how sports-wagering receipts flow across multiple funds and how recent appropriations language has directed the monthly transfers.
“Net sports wagering revenue was approximately $174,800,000,” Molly Pratt, a fiscal analyst at the Legislative Research Department, said while walking through a flowchart of transfers. She and Lottery director Steven Durrell described the pipeline from gross wagers to the state share and the statutory allocations that determine where the money moves.
Why it matters: Committee members repeatedly pressed for clarity about how much money the state actually keeps and how the retained funds are used. That matters because the statutory splits — and legislative appropriations — determine money available for problem-gambling programs, an attracting-professional-sports fund and the state’s general coffers.
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