Statute · California Government Code
Cal. Gov't Code § 8880.63 — State Lottery Fund
Cal. Gov't Code § 8880.63
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 2012-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) As nearly as practical, 50 percent of the total projected revenue, computed on a fiscal-year basis, accruing from the sales of all lottery tickets or shares shall be apportioned for payment of prizes.
Citator
Cal. Gov't Code § 8880.63 — State Lottery Fund is in force in the current edition of the Code, and nothing recorded condemns it.
(a) As nearly as practical, 50 percent of the total projected revenue, computed on a fiscal-year basis, accruing from the sales of all lottery tickets or shares shall be apportioned for payment of prizes.
(b) This section shall become operative on April 1 of the year following notification from the Controller to the Legislature and the Governor that the events described in paragraphs (1) and (2) of subdivision (c) of Section 8880.4.5 have occurred.