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Amazon S3 on MSNHoosier Lottery Sales Hit $1.7B: Where Does the Money Go?WRTV Investigates' Kara Kenney dives into the financial workings of the Hoosier Lottery, which sees annual ticket sales of $1 ...
The Hoosier Lottery brought in a near-record $1.7 billion in sales in fiscal year 2024. A chunk of that money goes back to ...
Funds also go to the Lottery Surplus Fund, used in part to lower excise taxes paid by Hoosier vehicle owners. Since its founding, the Hoosier Lottery has given back more than $7.4 billion to good ...
Indiana uses Hoosier Lottery profits to reduce vehicle excise taxes, support state and local construction projects and fund pensions for police, firefighters and teachers.
“Additionally, our commitment to the Lottery Surplus Fund is used to lower excise taxes by up to 50 percent for Hoosier vehicle owners.” The Hoosier Lottery funds benefit every county ...
Taylor added lottery revenue has also been used to fund a 50% reduction in the auto excise taxes paid by Hoosiers when renewing license plates. Hoosier Lottery players have bought $23 billion in ...
One of the biggest changes to the lottery over the years is the use of technology. In an interview on “Inside INdiana Business with Gerry Dick,” Hoosier ... Retirement Fund, nearly $700 ...
The remaining money goes to the Build Indiana Fund. The Build Indiana ... that shows how that money is used county-by-county. Rep. Bill Friend says the Hoosier Lottery was never meant to be ...
Indiana lawmakers are considering a scratch-off lottery ticket to fund services for veterans ... with GTECH Indiana which operates the Hoosier Lottery. Sen. Mike Delph, chairman of the House ...
That's the day the Hoosier Lottery sold its first ticket ... Hoosiers benefit through the more than $3.1 billion transferred to the Build Indiana Fund, which is primarily used to reduce the motor ...
Hoosier Lottery profits are used by the state to reduce vehicle excise taxes, support state and local construction projects and fund pensions for Indiana police, firefighters and teachers.
The private management company operating the Hoosier Lottery fell just shy ... The state uses the surplus to support the Build Indiana Fund, pensions for local firefighters and police officers ...
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