Arkansas lottery revenues get Powerball boost - KATV - Breaking News, Weather and Razorback Sports

Arkansas lottery revenues get Powerball boost

Posted:

RUSSELLVILLE (AP) - Arkansas lottery organizers are considering ways to improve scratch ticket sales, which have been lagging in recent months.

The Arkansas Lottery Commission met Monday in Russellville, where the panel heard that the lottery received a multi-million dollar boost from the recent $588 million Powerball jackpot.

But it remains uncertain whether sales can be picked up enough for the lottery to reach its projected budget. Legislators are considering ways to alter the formula by which lottery-funded college scholarships are awarded.

Higher Education Department Interim Director Shane Broadway told the commission that he expects changes from the Legislature. That could result in delays in processing scholarship applications next fall as the agency will have to adjust its computer software to implement any changes.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • PoliticalMore>>

  • Iran's parliament dismisses moderate minister

    Iran's parliament dismisses moderate minister

    Wednesday, August 20 2014 2:33 PM EDT2014-08-20 18:33:34 GMT
    Iranian lawmakers dismissed the country's science minister on Wednesday over his alleged support for pro-Western voices at universities, dealing a blow to moderate President Hassan Rouhani.More >>
    In a move led by hard-line lawmakers, Iran's parliament dismissed the country's science minister Wednesday over his alleged support for pro-Western voices at universities, dealing a blow to moderate President...More >>
  • APNewsBreak: BofA reaches $17B settlement with US

    APNewsBreak: BofA reaches $17B settlement with US

    Wednesday, August 20 2014 2:24 PM EDT2014-08-20 18:24:48 GMT
    Officials familiar with the deal say Bank of America has reached a record $17 billion settlement with federal and state authorities over its role in the sale of mortgage-backed securities in the run-up to the 2008...More >>
    Officials familiar with the deal say Bank of America has reached a record $17 billion settlement with federal and state authorities over its role in the sale of mortgage-backed securities in the run-up to the 2008...More >>
  • Obama: US won't stop confronting Islamic State

    Obama: US won't stop confronting Islamic State

    Wednesday, August 20 2014 2:24 PM EDT2014-08-20 18:24:41 GMT
    Militants with the Islamic State extremist group have beheaded American journalist James Foley and are threatening to kill another hostage in retaliation for U.S. airstrikes in northern Iraq.More >>
    The United States stood firm Wednesday in its fight against Islamic State militants who beheaded a U.S. journalist in Iraq, pledging to continue attacking the group despite its threats to kill another American hostage....More >>