The countdown is on for when you will see the lottery in Mississippi
By the end of the year, the goal is to get some form of the game into stores for purchase.
“We are moving as rapidly as we can we know we only have one chance to get this right so we’re making sure all the pieces and parts are in place to do that,” Gerard Gibert the Vice-Chair of the Mississippi Lottery Corporation said.
The lottery board hired the services for Balch and Bingham to move the corporation forward as a legal partner.
“We hope to have some form of the game up and running later this year perhaps by the third quarter we’re optimistic maybe we’ll have the scratch-off instant ticket game,” Gibert said.
The board looks to have larger mega-million and other draw down games by the end of 2019 or the beginning of 2020.
“We’ll secure financing for the corporation we receive no money no funds from the taxpayers the legislature so it is completely a self-sustaining corporation,” said the Phil Bryant appointee.
Gibert confirms the board is examining other state models like Arkansas.
“I’d like to see the bad news is where the 45th state to authorize a lottery but the good news is we got 44 other states from which to draw information on best practices what works what doesn’t.
The first $80 million in revenue from the state lottery goes to the state’s highway fund and the excess goes to the education enhancement fund for the first 10 years of operation.
Soon retailers will learn more about how they will be able to qualify to sell lottery tickets.
Part of the process will be designed by the lottery corporation including the actual application.