Background

Arkansas has legal betting on the lottery, pari-mutuel wagering on throroughbred and greyound racing, and electronic games of skill at horse and greyhound racing facilities.

Lottery

Development: Voters approved the Arkansas Lottery in November 2008, and tickets went on sale in September 2009.

Beneficiaries: The Arkansas Lottery provides scholarships and grants to Arkansas citizens for in-state colleges and universities. Scholarships are to be available for nonprofit, public and private, two-year and four-year colleges and universities.

For more information see the Arkansas Lottery website.

Total revenue is total ticket sales plus interest earned on the lottery fund balance and miscellaneous revenue sources . Prize liability is the total amount of prize money paid back to winners. Net Revenue is the total revenue minus vendor and retailer commissions and prize payouts and operating expenses; it is equal to "operating income." Prize and net revenue percentages are taken from the total revenues.

2005: Legislature approves "electronic games of skill" at horse racing and greyhound racing franchises

2008: Voters approve a measure allowing for a statewide lottery in Arkansas

2009: In September, the first lottery tickets are sold

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