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Ca Lottery: State
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On November 6, 1984, 58% of California's voters approved Proposition 37, the California State Lottery Act. The Act provides that at least 34% of the Lottery revenues must go to public education. This supplemental funding provides schools with additional resources to meet their locally determined needs.
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The California State Lottery was approved via Proposition 37 on November 6, 1984. The act requires that 34% of lottery proceeds be used to fund public education. This funding provides schools with additional revenue to meet their locally determined needs.
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Basically the State of California wants more unclaimed Lottery prizes to go to Schools. They only have 6 months to claim and other Mega states have a year and they want to make it the same as the other States.
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Administration officials say schools would be better insulated from fluctuations in lottery sales because the state would negotiate terms to guarantee revenues at least equal to what the schools receive now. The state ... would negotiate to retain oversight.
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