Oregon Statutes - Chapter 461 - Oregon State Lottery - Section 461.547 - Distribution of certain video lottery revenues to counties for economic development.

(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.

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Last modified: August 7, 2008