(1) The Oregon State Lottery Commission shall transfer an amount equal to 2.5 percent of the net receipts from video lottery games allocated to the Administrative Services Economic Development Fund to counties for economic development activities. Ninety percent of the moneys shall be distributed to each county in proportion to the gross receipts from video lottery games from each county. Ten percent of the moneys shall be distributed in equal amounts to each county.
(2) As used in this section:
(a) “Gross receipts from video lottery games” means the amount of money inserted into video lottery games plus the value of any free game prizes used by players for subsequent games.
(b) “Net receipts from video lottery games” means the amount of money that is received from the operation of video lottery games after the payment of prizes but prior to any other payment. [1991 c.461 §94; 1993 c.18 §118a; 2003 c.734 §§10,10a; 2007 c.51 §1]
Note: See note under 461.544.Section: Previous 461.530 461.535 461.540 461.543 461.544 461.545 461.546 461.547 461.548 461.549 461.550 461.555 461.560 461.600 461.700 Next
Last modified: August 7, 2008