Current through the 2024 Regular Session
Section 67-7432 - CASH DISBURSEMENTSThe director is authorized to make the following disbursements from the state lottery account:
(1) Payment of prizes directly to the holder of valid winning tickets or shares;(2) Purchase of annuities or investments to be utilized to pay future installments of winning tickets or shares;(3) Refunds, if any, due to lottery retailers or players;(4) Expenses of the lottery;(5) Payments to an Indian tribe pursuant to a state-tribal gaming compact negotiated pursuant to section 67-429A, Idaho Code;(6) The payment of the lottery's obligations, including the purchase of property, buildings and equipment; and(7) The payment of dividends, as provided for under section 67-7434, Idaho Code.[67-7432, added 1988, ch. 232, sec. 2, p. 457; am. 1997, ch. 178, sec. 1, p. 496; am. 2011, ch. 141, sec. 3, p. 401.]Amended by 2011 Session Laws, ch. 141,sec. 3, eff. 7/1/2011.