LYCOS RETRIEVER 
Colorado Lottery: State
built 478 days ago
When you look around the state, you’d be hard pressed not to find examples of Colorado Lottery proceeds at work. The money raised by the Lottery helps improve the quality of life in Colorado, from recreation centers to trails, campgrounds to parks, playgrounds to open spaces. In fact, more than 162 sports fields have been built thanks to Lottery proceeds, and more than 700 miles of trails have been built or maintained. Those are just a couple of examples of Lottery dollars at work. Here's more information aboutour partners and how Lottery proceeds are distributed.
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The Colorado Lottery sold its first scratch ticket in 1983, and added the multi-state Powerball in 2001. Lottery proceeds go towards the State Park system. For 2005, more than $113.7 million went back to Colorado for parks and trails.
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The Colorado Lottery ... participates in a multi-state, jackpot lottery called PowerBall. The PowerBall jackpot starts at fifteen million dollars ($15 million) and goes up every time there is no jackpot winner. There are now twenty-seven (27) other state lotteries as well as The District of Columbia and the U.S. Virgin Islands participating in this multi-state game.
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Colorado has 40 state parks, and lottery money is used to fund land acquisition, trail systems, park facilities, and equipment. In FY 2000, $9.4 million of the $17.7 Capital Budget was funded by lottery proceeds with an additional $5.3 million contribution from GOCO. Seventeen percent of the Division's 2000 Capital Construction Budget is allocated for land and water acquisitions.
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On November 7, Colorado voters approved Referendum E, allowing the Colorado Lottery to participate in multi-state lottery games. Multi-state games are products offered by more than one state, which combine their prize pools to create more attractive jackpot amounts. After extensive research, the Lottery has determined Powerball is the best alternative for the Colorado Lottery, players and proceeds recipients.
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Summary: Colorado Senate Minority Leader Andrew McElhany (R-Colorado Springs) misleadingly asserted in a guest op-ed in The Pueblo Chieftain that Gov. Bill Ritter (D) "refused" to consider school funding alternatives, such as securitizing the state lottery. In fact, a lawmaker who sought to put the issue on the 2007 ballot reportedly withdrew the proposal because of a legal opinion and the legislature's approaching adjournment, not because of any alleged opposition by Ritter.
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