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Senate committee approves higher in-store lottery payout and redirects excess fees to scholarship fund
Summary
The Senate State Agencies committee unanimously approved a pair of lottery bills to raise the in-store cashing limit for large retailers to $4,999 and eliminate a $10 fidelity fee, moving net proceeds above a $500,000 minimum into the scholarship fund.
The Senate State Agencies & Governmental Affairs Committee approved two lottery-related measures that change how retailers cash winning tickets and how the lottery’s small regulatory fees are handled.
Sponsor Jimmy Keegan told the committee House Bill 18-58 would let large "super retailers" cash winning lottery tickets up to $4,999 in store, removing the current requirement that prizes above a much lower threshold be…
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