Video & Transcript Research : 'prize proceeds'

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MN

Minnesota 2025-2026 Regular Session

House Transportation Finance and Policy Committee 2/17/25

Transportation Finance and Policy

Transcript Highlights:
  • Great, please proceed. All right, Mr.
  • Please proceed with the roll call.”
  • </c><00:35:38.040><c> with</c><00:35:38.160><c> your</c> and proceed with your and proceed with your
  • Please introduce the writer of the other letter and then proceed. Thank you.
  • Please introduce yourself for the record and then proceed with your testimony.
AR

Arkansas 2026 Regular Session

ALC-LOTTERY OVERSIGHT SUBCOMMITTEE Jun 16th, 2026

ALC-LOTTERY OVERSIGHT SUBCOMMITTEE

Transcript Highlights:
  • Our net proceeds from last May to this May are down 8.2%.
  • Total net proceeds, we are up 6.4%.
  • Total proceeds analysis is net proceeds plus unclaimed prizes.
  • Unclaimed prizes get moved over to the net proceeds account at the end of the fiscal year.
  • And then you paid out $312 million in game prizes and $61 million in draw prizes.
Summary: The committee met to review Arkansas Scholarship Lottery contracts and receive updates on operations and finances. Sharon Strong, the lottery’s executive director, presented a new three-year advertising and marketing contract with Cranford Company for $19.29 million, replacing an expiring contract and coming in below the prior three-year amount. Members asked about the RFP process, number of bids, and how cost is weighted in the award formula; the contract was reviewed and approved without objection after a motion and vote. The committee also reviewed a three-year Learfield sponsorship contract tied to University of Arkansas promotional events for $86,800 per year, with a corrected three-year total of $260,400; members questioned a system-generated summary figure that incorrectly showed a seven-year total, and staff clarified the contract itself was only for three years with no extensions. That item was also reviewed without objection. Strong then presented the fiscal 2027 budget, highlighting expected savings of about $1 million each from the new gaming system/scratch ticket contracts and the new advertising contract. The lottery projected slight shifts in instant and draw ticket revenue, corresponding prize payout changes, and net proceeds of about $108.2 million transferred to the scholarship account. In the monthly disclosure report for May 2026, she reported flat instant game sales, a 12.6% increase in draw game sales, and year-to-date net proceeds ahead of budget, with strong draw game performance attributed in part to Powerball. Members asked about unclaimed prizes, which remain in reserve during the year and are transferred at fiscal year-end to the scholarship trust account except for a $1 million reserve, and about how scholarship funds are distributed through the Division of Higher Education based on student rosters and class year awards. The committee also discussed the lottery’s financial statements, including revenue, prize payouts, operating expenses, trust account balances, and unclaimed prize balances. Staff explained that the lottery is self-sustaining and funded by lottery revenue, not taxpayer appropriations, and that the trust account balance is used to meet scholarship requests from higher education. The meeting ended with Senator Hill praising the lottery staff’s marketing around a recent large winner in Little Rock, and the committee adjourned.
AR

Arkansas 2026 1st Special Session

ALC-LOTTERY OVERSIGHT SUBCOMMITTEE Jun 16th, 2026

ALC-LOTTERY OVERSIGHT SUBCOMMITTEE

Transcript Highlights:
  • Our net proceeds from last May to this May are down 8.2%.
  • Total net proceeds, we are up 6.4%, 6.5%.
  • Total proceeds analysis is net proceeds plus unclaimed prizes.
  • Unclaimed prizes get moved over to the net proceeds account at the end of the fiscal year.
  • And then you paid out $312 million in game prizes and $61 million in draw prizes.
Summary: The committee reviewed two Arkansas Scholarship Lottery contracts and the lottery’s proposed fiscal 2027 budget, along with the monthly disclosure report for May 2026. The first contract was a new three-year advertising and marketing agreement with Cranford Company, running July 1, 2026, through June 30, 2029, for $19.29 million total, with two optional one-year extensions. Lottery officials said the contract followed an RFP with five bids, no disqualifications, and would cost about $1 million less than the prior contract. Members asked about the bid scoring formula and the weight given to price, and the item was reviewed after a motion and vote. The second contract was a three-year University of Arkansas sponsorship agreement through Learfield for $86,800 per year, or $260,400 total, with no extensions; members questioned a system-generated summary figure that incorrectly showed $1.8 million, and staff clarified that the contract itself did not contain that amount. This item was also reviewed without objection after a motion and vote. In the budget presentation, the Arkansas Scholarship Lottery projected about $108.2 million in net proceeds to be transferred to the scholarship account for fiscal 2027. Officials highlighted expected savings of about $1 million each from the new gaming system/scratch ticket printing contracts and the new advertising contract, along with slight shifts in instant and draw ticket revenue forecasts. The committee did not take action on the budget beyond hearing the presentation. The monthly disclosure report showed May 2026 instant game sales were flat year over year, draw game sales were up 12.6%, and total revenue was up 2.2%, while net proceeds were down 8.2% year over year but up 2.5% versus budget for the month. Year to date, draw game sales were up nearly 11.5% and net proceeds were up about 6.4% to 6.5% year over year, with net proceeds ahead of budget by 9.5%. Members asked how unclaimed prizes are handled, and staff explained that scratch-off prizes must be claimed within 90 days and draw prizes within 180 days; unclaimed prizes remain in reserve during the year, then all but $1 million are transferred to the scholarship trust account at fiscal year end. The meeting ended with praise for the lottery’s marketing around a recent large winner and then adjourned.
WY

Wyoming 2026 Regular Session

Select Committee on Gaming, May 14, 2026 - PM

Select Committee on Gaming

Transcript Highlights:
  • </c> of the net proceeds. of the net proceeds.
  • If proceeds, what does proceeds mean?
  • If proceeds, what does<00:06:40.320><c> proceeds</c><00:06:40.880><c> mean?
  • It is missing a prize.
  • It is missing<00:23:13.280><c> a</c><00:23:13.360><c> prize.</c> missing a prize. missing a prize.
Keywords: 916, all
MN

Minnesota 2025-2026 Regular Session

House Workforce, Labor, and Economic Development Finance and Policy Committee 3/20/25

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • </c> yourself and proceed with your testimony yourself and proceed with your testimony hello<00:37:10.480
  • prize and youth prize officer at youth prize and youth prize is<01:03:34.079><c> an</c><01:03:34.200>
  • Go ahead—say your name for the record and proceed.
  • </c> appropriation youth prize and then you appropriation youth prize and then you sort<01:09:39.679>
  • </c><01:09:53.120><c> first</c> how it works for youth prize first how it works for youth prize first
KY

Kentucky 2026 Regular Session

Senate Standing Committee on State and Local Government (1-14-26)

State & Local Government

Transcript Highlights:
  • >> Joe, the newspaper won a Pulitzer Prize.
  • >> Please proceed. >> Thank you.
  • >> Please proceed. >> Thank you, Mr.
  • &gt;&gt; Please<00:15:08.160><c> proceed.</c> &gt;&gt; Please proceed. &gt;&gt; Please proceed.
  • &gt;&gt; Please<00:16:04.320><c> proceed.</c> &gt;&gt; Please proceed. &gt;&gt; Please proceed.
MN

Minnesota 2025-2026 Regular Session

House Commerce Finance and Policy Committee 2/25/25

Commerce Finance and Policy

Transcript Highlights:
  • If you would identify yourself for the record, and then we will proceed with your testimony.
  • If you would identify yourself for the record, and then we will proceed with your testimony.
  • </c> providing um the sales and prize providing um the sales and prize redemptions<00:36:10.280><c> for
  • Please proceed. Of course.
  • </c> in prizes in prizes that<01:29:54.719><c> sends</c><01:29:55.000><c> $170</c><01:29:55.880><c> million
Keywords: 1183, house
ND

North Dakota 2026 1st Special Session

Judiciary Committee Apr 1st, 2026

Judiciary Committee

Transcript Highlights:
  • Adjusted gross proceeds means the gross proceeds less cash prizes, cost of merchandise prizes, gaming
  • Net proceeds means the adjusted gross proceeds less allowable expenses and the state gaming tax.
  • adjusted gross proceeds.
  • in adjusted gross proceeds.
  • And gross proceeds... ...the year ending June 30, 2025. And gross proceeds.
Summary: The Judiciary Interim Committee met to continue its study of charitable gaming, especially the ownership of alcoholic beverage establishments by licensed charitable gaming organizations and the relationship between charities, site owners, and gaming manufacturers/distributors. Legislative Council reviewed the background memo and Attorney General’s Gaming Division explained the legal framework, including site authorizations, rent limits, allowable expenses, and restrictions on distributors and manufacturers. Members focused heavily on electronic pull tabs, asking about the large gap between gross proceeds and adjusted proceeds, how much is paid out in winnings, how much is retained for expenses, and whether the 60% allowable-expense cap is being used as intended. The AG’s office said e-tabs account for most gaming volume, that winnings make up much of the difference, and that some organizations do not use the full 60% while others may exceed it, though only the capped amount counts as gaming expense. The committee also discussed the number of gaming organizations that appear to own or be affiliated with bars, the ways those ownership structures are formed, and whether some arrangements may create conflicts or site-selection pressure. The League of Cities and the Association of Counties described the local site-authorization process and recent model policies adopted after the 2025 session. Cities said they can require signed agreements, limit games and machines, set qualifications, and charge up to $100 for site authorization, but cannot require charities to donate net proceeds or force a specific charity or site. They said the new policies are meant to add transparency and local control, though the more controversial parts involve requiring a local nexus or community connection. County representatives said the issue is mostly a city matter and that counties generally take a lighter-touch approach. Committee members raised concerns about whether local rules could unfairly exclude larger regional charities or create inconsistent standards across cities. The North Dakota Gaming Alliance said it supports the study and provided information on charities that own or are affiliated with bars, emphasizing that most gaming organizations do not own alcoholic beverage establishments. Its representative said some charities may pursue bar ownership for site stability and diversification, while others decide against it because operating a bar is difficult. He also said a ban on charity-owned bars could raise federal tax-law issues depending on how it is written, and agreed to provide more detail. The committee asked Legislative Council and the Gaming Alliance for additional information on ownership structures and federal-law questions before the next meeting. Later, the Racing Commission gave a separate update on live racing, pari-mutuel wagering, and related charitable partnerships, and the State Hospital superintendent reported on the Department of Corrections and Rehabilitation’s support services, staffing, and wait lists; no votes were taken on these presentations.
ND

North Dakota 2025-2026 Regular Session

Judiciary Committee Apr 1st, 2026

Transcript Highlights:
  • Adjusted gross proceeds means the gross proceeds less cash prizes, cost of merchandise prizes, gaming
  • adjusted gross proceeds.
  • Gross proceeds...
  • And gross proceeds.
  • , disbursement of net proceeds, or influence which distributor to purchase... ...prizes, disbursement
Summary: The Judiciary Interim Committee met to begin its study of charitable gaming and the ownership of alcoholic beverage establishments by licensed charitable gaming organizations, a study directed by Senate Bill 2334. Legislative Council gave an overview of the constitutional and statutory framework for charitable gaming, site authorizations, rent limits, proceeds, and recent legislative changes. The Attorney General’s Gaming Division then clarified the financial flow of gaming, explaining that in fiscal year 2025 North Dakota had about $2.5 billion in gross gaming proceeds, with roughly 88-90% paid back in prizes and about $256 million available to organizations after taxes; most of that activity came from electronic pull tabs. Members asked for more detail on winnings, replays, rent, and the breakdown of manufacturer/distributor revenues, and the AG’s office agreed to provide supplemental information. The committee also heard from the League of Cities and the Association of Counties about local site authorization. Cities said they have a limited role in approving gaming sites, can adopt policies after public hearing, may charge up to $100, and can set certain conditions, including local nexus requirements, but cannot require donations or force a specific charity or site. The League said it had worked with stakeholders on a model policy to provide more consistency, though members raised concerns that local requirements could become too restrictive for charities serving broader areas. Counties said the issue is mostly a city matter, with little county involvement beyond minimal site fees and general site approval. The North Dakota Gaming Alliance testified in support of the study and provided IRS-related material suggesting charities may use asset diversification, while emphasizing it had not taken a position on whether charities should own bars. Members questioned whether bar ownership is being used for site stability or to channel charitable gaming dollars, and whether city policies might disadvantage charities with broader missions. The committee also discussed the relationship between gaming organizations, manufacturers, and distributors, including restrictions on incentives and interference, and asked for more information on those entities and their ownership. Later in the meeting, the Racing Commission gave its regular update on live racing, pari-mutuel wagering, ADW providers, purse and promotion funds, a new TRPB contract, and concerns about cease-and-desist actions from other states. Finally, the State Hospital superintendent briefly reported on the Department of Corrections and Rehabilitation’s support services, including the SORT team, training, and security assistance for the hospital campus.
TX

Texas 89th 2nd C.S.

Licensing & Administrative Procedures Mar 11th, 2025

Licensing & Administrative Procedures

Transcript Highlights:
  • Net proceeds are the proceeds that license organizations utilize for their charitable purposes and working
  • When so when there's a high tier jackpot prize, we will go out and we'll investigate that.
  • You can win to claim the prize, to claim a prize, right?
  • You can't if you're a minor, you can't buy a ticket, but you can claim a prize.
  • Gerdes's question of, can an LLC or an LP or corporation claim a prize? Absolutely.
MN

Minnesota 2025-2026 Regular Session

Committee on Commerce and Consumer Protection - 03/24/26

Commerce and Consumer Protection

Transcript Highlights:
  • The structure remains the same: small rounds of 30 numbers with locally purchased prizes and the proceeds
  • ,</c> and exciting prizes, and exciting prizes, what<02:02:55.560><c> we</c><02:02:55.680><c> can</c>
  • ,</c><02:03:00.880><c> we</c><02:03:01.040><c> worry</c> prizes becoming less appealing, we worry prizes
  • </c> prizes and the proceeds benefiting prizes and the proceeds benefiting charities<02:03:29.800><c>
  • </c> stores where prizes are purchased. stores where prizes are purchased.
Keywords: 1187, senate, all
ND

North Dakota 2026 1st Special Session

Judiciary Committee Apr 1st, 2026 at 09:00 am

Judiciary

Transcript Highlights:
  • Adjusted gross proceeds means the gross proceeds, less cash prizes, cost of merchandise prizes, gaming
  • And then net proceeds means the adjusted gross proceeds, less allowable expenses and the state gaming
  • in adjusted gross proceeds.
  • And then on the next page, you'll see a chart that shows the gross proceeds and adjusted gross proceeds
  • And gross proceeds—now, gross proceeds are the overall, call it, play or replay into a machine or in
Keywords: 908, all
TX

Texas 89th Regular

Licensing & Administrative Procedures Mar 11th, 2025

Licensing & Administrative Procedures

Transcript Highlights:
  • The Constitution further states that all proceeds from bingo games are to be spent in Texas.
  • Working capital in calendar year 2023 adjusted gross receipts were $3.3 million, and net proceeds for
  • They won, and they come to claim the big prize. And then, yes, Representative.
  • You can win to claim the prize, right? You can't, if you're a miner, you can't buy a ticket.
  • Gerdes' question, can an LLC or an LP or corporation claim a prize? Absolutely. Okay.
Keywords: 1184, house, all
ND

North Dakota 2026 1st Special Session

Administrative Rules Committee Jun 11th, 2026

Administrative Rules Committee

Transcript Highlights:
  • No, you may proceed. And go ahead when you're ready.
  • Nope, you may go proceed. "No, you may go ahead."
  • , and the annual limit for an organization, basically their prize limit, went from $40,000 to $50,000
  • Is that an additional increase to a specific prize that we're not including in this motion?
  • So clearly did demonstrate that the body did take, make a change in prizes.
Summary: The committee approved the March 12, 2026 minutes and granted the Board of Medicine an extension of time to implement rule changes tied to House Bill 1620/1622, which concern North Dakota’s entry into the physician assistant licensure compact. The Board said it is waiting on compact rules, especially fee structures, before finalizing its own rules. The committee then took up extensive Office of Management and Budget personnel rule revisions, covering salary administration, recruitment, leave policies, funeral leave, service awards, appeals, and shared leave. OMB said the changes modernize HR practices and implement recent legislation, including new hire leave and enhanced annual leave for hard-to-fill positions; the committee raised concerns about the subjectivity and fairness of the hard-to-fill leave provisions, but no action was taken against the rules. The North Dakota Lottery presented emergency and regular rule changes, including updates tied to the Millionaire for Life game and miscellaneous clarifications. The Board of Examiners for Audiology and Speech-Language Pathology described rule updates that add speech-language pathology assistants to the rules, ease continuing education requirements for out-of-state applicants, expand temporary licensure, and clarify supervision standards. The State Electrical Board reviewed numerous code updates, including changes to electrical and fire alarm standards, receptacle labeling, countertop receptacles, and a major new conveyance/elevator inspection program added by the Legislature; the board said it is preparing to begin inspections by August 1. The Industrial Commission’s Geological Survey Division presented new rules implementing House Bill 1459 on critical minerals in coal-bearing formations, including permit, reporting, confidentiality, and royalty-related provisions. The committee asked about confidentiality of exploration data and drilling depth. The Public Employees Retirement System outlined rule changes implementing several bills affecting defined benefit, public safety, defined contribution, insurance, deferred compensation, and retiree health credit programs, and noted possible future proposals to add state EMS or create a LOSAP-style plan. The Department of Health and Human Services presented substance use disorder voucher rules implementing House Bill 1012, including allowing individuals to apply directly and setting reimbursement procedures; the rules were expected to have a $250,000 general fund impact already included in the budget. The longest discussion involved the Gaming Commission rules. Members questioned whether the commission had authority to raise poker tournament buy-ins from $300 to $1,500, viewing it as an expansion of gaming rather than a mere clarification. After debate, the committee voted to void that specific rule section for lack of statutory authority. The rest of the gaming rules covered higher raffle limits from House Bill 1192, the change from “bar” to “alcoholic beverage establishment,” veterans’ organization proceeds, credit ticket voucher kiosks, online raffles, and advertising restrictions; the presenter said several public comments led to revisions or withdrawals of proposed language. The meeting ended with discussion of upcoming Ethics Commission travel-reporting rules and scheduling the next committee meeting in September.
WY

Wyoming 2026 Regular Session

House Appropriations Committee, March 3, 2026

Appropriations

Transcript Highlights:
  • Those graduate students are the ones that win the Nobel Prizes.
  • Those graduate students are the ones that win the Nobel Prizes.
  • Those graduate students are the ones that win the Nobel Prizes.
  • Those graduate students are the ones that win the Nobel Prizes.
  • We always that win the Nobel Prizes.
Keywords: 916, all
HI

Hawaii 2026 Regular Session

Room 229 Conference PM - 04-29-2026

Hawaii Senate Floor Meeting

Transcript Highlights:
  • Okay, let's proceed with the vote then. >> Vote, please?
  • Okay,<00:21:36.480><c> let's</c><00:21:36.680><c> proceed</c><00:21:37.000><c> with</c><00:21:37.160>
  • </c> Okay, let's proceed with the vote then. Okay, let's proceed with the vote then.
  • May we proceed with the vote?