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Current as of January 01, 2024 | Updated by Findlaw Staff
The director is authorized to make the following disbursements from the state lottery account:
(1) Payment of prizes directly to the holder of valid winning tickets or shares;
(2) Purchase of annuities or investments to be utilized to pay future installments of winning tickets or shares;
(3) Refunds, if any, due to lottery retailers or players;
(4) Expenses of the lottery;
(5) Payments to an Indian tribe pursuant to a state-tribal gaming compact negotiated pursuant to section 67-429A, Idaho Code;
(6) The payment of the lottery's obligations, including the purchase of property, buildings and equipment; and
(7) The payment of dividends, as provided for under section 67-7434, Idaho Code.
Cite this article: FindLaw.com - Idaho Statutes Title 67. State Government and State Affairs § 67-7432. Cash disbursements - last updated January 01, 2024 | https://codes.findlaw.com/id/title-67-state-government-and-state-affairs/id-st-sect-67-7432/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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