A record $74.5 million in Kansas Lottery sales will be transferred to state

The Kansas Lottery will transfer to the state a record $74.5 million from the sale of lottery tickets in fiscal year 2013, lottery officials said Monday. The amount surpassed by $2.5 million the mark set last year.

That means $24.5 million will be sent to the state’s general fund.

The first $50 million from lottery sales is divided by a formula, including the first $80,000 going to a problem gambling and addictions fund. From the balance, 85 percent is transferred to economic development, 10 percent to a building fund for correctional institutions and 5 percent to a juvenile detention facilities fund.

Any amount in excess of $50 million goes to the state’s general fund.

It’s also estimated that the state’s share of proceeds from the three state-owned casinos will be $79 million by the end of the fiscal year, which is June 30. Through the end of May, the casinos had transferred $72.7 million.

This is the first full fiscal year for Kansas Star Casino, which is near Mulvane, and Hollywood Casino at the Kansas Speedway in Wyandotte County. Dodge City’s Boot Hill Casino is in its fourth year.