Section 67-7432 – Idaho State Legislature

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TITLE 67

STATE GOVERNMENT AND STATE AFFAIRS

CHAPTER 74

IDAHO STATE LOTTERY

67-7432. Cash disbursements. 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.

History:

[67-7432, added 1988, ch. 232, sec. 2, p. 457; am. 1997, ch. 178, sec. 1, p. 496; am. 2011, ch. 141, sec. 3, p. 401.]