Wash. Admin. Code § 315-08-010

Current through Register Vol. 24-17, September 1, 2024
Section 315-08-010 - Expenditure and transfer limits - State lottery account
(1) At the outset of fiscal year 1991, and at the outset of each biennium after fiscal year 1991, the commission shall determine by resolution the following:
(a) The total amount of moneys which may be transferred from the state lottery account to the state's general fund and to the lottery administrative account, pursuant to legislative appropriation; and
(b) The total amount of moneys which may be expended from the state lottery account for each of the following purposes:
(i) Payment of retailer compensation;
(ii) Payment of prizes (which shall not be less than forty-five percent of gross annual revenue of the lottery);
(iii) On-line vendor payments;
(iv) On-line telecommunications payments;
(v) Instant game vendor payments;
(vi) Promotion/advertising; and
(vii) Any other purposes required by law.
(2) The commission may amend by resolution the amounts determined under this section based on changes in the revenue stream and/or program requirements.
(3) The director may exceed approved totals when necessary for sales volume-related expenses provided that such expenditures are reported in the next regularly scheduled financial report to the commission.

Wash. Admin. Code § 315-08-010

Statutory Authority: RCW 67.70.040. 08-11-043, § 315-08-010, filed 5/14/08, effective 6/14/08; 90-11-040, § 315-08-010, filed 5/10/90, effective 6/10/90.