None by Governor Matt Mead

Vote Smart's Synopsis:

Vote to pass a conference report that establishes the Wyoming lottery corporation and specifies procedures for the operation of the state lottery, effective July 1, 2013.

Highlights:

• Establishes the Wyoming lottery corporation, with the authority to initiate, supervise and administer the operation of the lottery and enter into written agreements with 1 or more states for the operation of a joint lottery (Sec. 1).

• Requires the net profits of the Wyoming lottery corporation be distributed in the following ways (Sec 1):
• At least 45 percent be made available as prize money;
• At least 6 percent be given to retailers for compensation;
• The first $6 million of each fiscal year be transferred to the state treasurer for distribution to county, city, and town general funds 4 times per year; and
• The remaining profits to be transferred to the common school account within the permanent land fund.

• Allocates any remaining funds in the lottery account to the common school account within the permanent land fund (Sec. 1).

• Specifies that lottery games operated by the Wyoming lottery commission do not fall under the definition of gambling (Sec. 2).

• Specifies that the following are not lottery games (Sec. 1):
• Instant tickets;
• Scratch-off tickets; and
• Video lottery terminals.

• Establishes a 9-member board of directors to oversee the Wyoming lottery corporation, with members to be appointed by the governor for 4 year terms (Sec. 1).

• Authorizes the board of directors to regulate the areas including, but not limited to, the following (Sec. 1):
• The type of games to be conducted;
• The sale prices of tickets; and
• The frequency of games and drawings.

• Prohibits the Wyoming lottery corporation from entering contracts with any vendor in which a public official has more than a 10 percent ownership interest (Sec. 1).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a conference report that establishes the Wyoming lottery corporation and specifies procedures for the operation of the state lottery, effective July 1, 2013.

Highlights:

• Establishes the Wyoming lottery corporation, with the authority to initiate, supervise and administer the operation of the lottery and enter into written agreements with 1 or more states for the operation of a joint lottery (Sec. 1).

• Requires the net profits of the Wyoming lottery corporation be distributed in the following ways (Sec 1):
• At least 45 percent be made available as prize money;
• At least 6 percent be given to retailers for compensation;
• The first $6 million of each fiscal year be transferred to the state treasurer for distribution to county, city, and town general funds 4 times per year; and
• The remaining profits to be transferred to the common school account within the permanent land fund.

• Allocates any remaining funds in the lottery account to the common school account within the permanent land fund (Sec. 1).

• Specifies that lottery games operated by the Wyoming lottery commission do not fall under the definition of gambling (Sec. 2).

• Specifies that the following are not lottery games (Sec. 1):
• Instant tickets;
• Scratch-off tickets; and
• Video lottery terminals.

• Establishes a 9-member board of directors to oversee the Wyoming lottery corporation, with members to be appointed by the governor for 4 year terms (Sec. 1).

• Authorizes the board of directors to regulate the areas including, but not limited to, the following (Sec. 1):
• The type of games to be conducted;
• The sale prices of tickets; and
• The frequency of games and drawings.

• Prohibits the Wyoming lottery corporation from entering contracts with any vendor in which a public official has more than a 10 percent ownership interest (Sec. 1).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that establishes the Wyoming lottery corporation and specifies procedures for the operation of the state lottery, effective July 1, 2013.

Highlights:

• Establishes the Wyoming lottery corporation, which has the authority to do the following, but not limited to (Sec. 1):
• Initiate, supervise and administer the operation of the lottery;
• Enter into written agreements with 1 or more states for the operation of a joint lottery; and
• Conduct market research.

• Requires the net profits of the Wyoming lottery corporation be distributed in the following ways (Sec 1):
• At least 45 percent be made available as prize money;
• At least 6 percent be given to retailers for compensation; and
• Transfer the remaining profits to the state treasurer for distribution to county, city, and town general funds 4 times per year.

• Specifies that any lottery games operated by the Wyoming lottery commission are exempt from the definition of gambling (Sec. 2).

• Excludes the following from the definition of lottery games (Sec. 1):
• Instant tickets;
• Scratch-off tickets; and
• Video lottery terminals.

• Establishes a 9-member board of directors to oversee the Wyoming lottery corporation, with members appointed by the governor for a 4 year term (Sec. 1).

• Authorizes the board of directors to perform a variety of functions including regulating the following, but not limited to (Sec. 1):
• The type of games to be conducted;
• The sale prices of tickets; and
• The frequency of games and drawings.

• Prohibits the Wyoming lottery corporation from entering contracts with any vendor in which a public official has more than a 10 percent ownership interest (Sec. 1).

Full Bill Text