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Washington Revised Code Title 67. Sports and Recreation--Convention Facilities § 67.70.240. Use of moneys in state lottery account limited

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(1) The moneys in the state lottery account may be used only:

(a) For the payment of prizes to the holders of winning lottery tickets or shares;

(b) For purposes of making deposits into the reserve account created by RCW 67.70.250 and into the lottery administrative account created by RCW 67.70.260;

(c) For purposes of making deposits into the Washington opportunity pathways account created in RCW 28B.76.526.  Moneys in the state lottery account deposited in the Washington opportunity pathways account are included in “general state revenues” under RCW 39.42.070;

(d) For distribution to the stadium and exhibition center account, created in RCW 43.99N.060.  Subject to the conditions of RCW 43.99N.070, six million dollars must be distributed under this subsection during the calendar year 1998.  During subsequent years, such distribution must equal the prior year's distributions increased by four percent.  No distribution may be made under this subsection after December 31, 1999, unless the conditions for issuance of the bonds under RCW 43.99N.020(2) are met.  Distributions under this subsection must cease when the bonds are retired, but not later than December 31, 2020;

(e) For the purchase and promotion of lottery games and game-related services;  

(f) For the payment of agent compensation;  and

(g) For distribution to the gambling revolving fund, created in RCW 9.46.100, in amounts specified in the omnibus appropriations act.  To meet the cash flow needs of both agencies, the director of the state lottery and the director of the Washington state gambling commission may determine the timing of the distribution, which may include incremental distributions over the course of the fiscal year.

(2) The office of financial management shall require the allotment of all expenses paid from the account and shall report to the ways and means committees of the senate and house of representatives any changes in the allotments.

Cite this article: FindLaw.com - Washington Revised Code Title 67. Sports and Recreation--Convention Facilities § 67.70.240. Use of moneys in state lottery account limited - last updated April 06, 2022 | https://codes.findlaw.com/wa/title-67-sports-and-recreationconvention-facilities/wa-rev-code-67-70-240.html


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