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.]