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132nd MAINE LEGISLATURE |
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LD 213 |
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LR 518(02) |
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An Act to Increase
the Sales Commission of Retailers Selling Lottery Tickets |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Veterans and Legal Affairs |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Changes distribution of prizes and retailer commissions
Minor cost increase - General Fund |
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Fiscal Detail
and Notes |
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This bill reduces
the prize amounts paid to winners of instant lottery tickets and shares by
3%. It directs the Bureau of Alcoholic Beverages and Lottery Operations
(BABLO) to proportionally distribute the resulting funds to licensed lottery
retailers based on their ticket and share sales. The net effect of these
changes and other anticipated activity on lottery revenue cannot be
determined at this time but may be influenced by reduced player engagement
due to lower perceived prize payouts. |
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Any additional
costs to BABLO to implement the provisions of this bill are expected to be
minor and can be absorbed within existing budgeted resources. |
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