2006 Senate Bill 1208 / Public Act 625

Revise lottery payout formula

Introduced in the Senate

April 19, 2006

Introduced by Sen. Michael Switalski (D-10)

To postpone until 2012 a requirement that no more and no less than 45 percent of lottery ticket sale revenue be paid out in prizes. According to a 2002 Senate Fiscal Agency analysis, approximately 54 percent of ticket sale revenue is distributed for prizes. The record in other states is that when payouts are reduced, lottery ticket sales and net proceeds also decline.

Referred to the Committee on Appropriations

Nov. 30, 2006

Reported without amendment

With the recommendation that the bill pass.

Passed in the Senate 35 to 1 (details)

Received in the House

Nov. 30, 2006

Referred to the Committee on Appropriations

Dec. 5, 2006

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Dec. 14, 2006

Passed in the House 102 to 1 (details)

To postpone until 2012 a requirement that no more and no less than 45 percent of lottery ticket sale revenue be paid out in prizes. According to a 2002 Senate Fiscal Agency analysis, approximately 54 percent of ticket sale revenue is distributed for prizes. The record in other states is that when payouts are reduced, lottery ticket sales and net proceeds also decline.

Signed by Gov. Jennifer Granholm

Dec. 31, 2006