SB 73-FN-A – AS INTRODUCED
2007 SESSION
08/10
SENATE BILL 73-FN-A
AN ACT relative to lottery prizes and administration by the lottery commission.
SPONSORS: Sen. Gallus, Dist 1; Sen. Letourneau, Dist 19; Sen. Kenney, Dist 3; Sen. D'Allesandro, Dist 20; Rep. Theberge, Coos 4; Rep. Gionet, Graf 3; Rep. Remick, Coos 2
This bill raises the maximum ticket price for lottery tickets, eliminates incentive caps for jackpot prizes, and eliminates some payout restrictions.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
07-0258
08/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seven
AN ACT relative to lottery prizes and administration by the lottery commission.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Increase in Maximum Price Per Ticket; Current Version. Amend RSA 284:21-i, II(c)(1) to read as follows:
(1) The price for which tickets for drawings and sweepstakes races shall be sold; not to exceed [$20] $30 per ticket.
2 Maximum Price Per Ticket; Version Effective July 1, 2009. Amend RSA 284:21-i, II(c)(1) to read as follows:
(1) The price for which tickets for drawings shall be sold; not to exceed [$20] $30 per ticket.
3 Elimination of Incentive Caps. RSA 284:21-s is repealed and reenacted to read as follows:
284:21-s Incentive Awards for Ticket Sellers. The lottery commission is authorized to pay cash incentives, at a rate established by the commission but not to exceed $30,000 for a jackpot winning ticket, or not to exceed $500 for each incidence of meeting or exceeding lottery commission established sales goals, as an inducement to servants and agents, authorized to sell tickets pursuant to RSA 284:21-h, II(d).
4 Elimination of Payout Restriction. Amend RSA 287-F:9, II to read as follows:
II. Within one week after a tri-state lotto drawing has been held, the party state commission shall pay to the commission, who in turn shall promptly pay to an account known as the tri-state lotto prize account, moneys as are necessary for the payment of prizes, less actual prizes paid by the respective party state in the preceding week[, but not to exceed 50 percent of the total amount for which tickets have been sold].
5 Elimination of Payout Restriction. Amend RSA 287-F:3 to read as follows:
287-F:3 Purpose. This compact is enacted to implement the operation of tri-state lotto, for the purpose of raising additional revenue for each of the party states. Tri-state lotto is not intended to replace any existing lottery game in the party states, but, rather, to be run in addition to these games. Tri-state lotto tickets shall be sold in each of the party states and processed in a central area to be determined by the tri-state lotto commission. [Fifty percent] A percentage of the gross sales from each state shall be aggregated in a common prize pool, and operating costs shall be charged proportionally to the party states. The remaining revenues generated within each state shall remain in that particular state.
6 Effective Date.
I. Section 2 of this act shall take effect July 1, 2009 at 12:01 a.m.
II. The remainder of this act shall take effect 60 days after its passage.
LBAO
07-0258
1/5/07
SB 73-FN-A - FISCAL NOTE
AN ACT relative to lottery prizes and administration by the lottery commission.
FISCAL IMPACT:
The Lottery Commission has determined this bill will increase state restricted revenue and expenditures by an indeterminable amount in FY 2008 and each year thereafter. There will be no fiscal impact on county and local revenue or expenditures.
METHODOLOGY:
The Lottery Commission states sections 1 and 2 of this bill increase the maximum price of a lottery ticket from $20 to $30. The Commission expects the introduction of the $30 ticket to have the following fiscal impact on state restricted revenue and expenditures:
FY 2008 FY 2009 and thereafter
Revenue $8,200,000 $10,000,000
Expense % 75% 75%
Expenditures $6,150,000 $7,500,000
Net Profit $2,050,000 $2,500,000
The Commission states section 3 of this bill authorizes the Commission to provide cash incentives of up to $500 to retailers for achieving sales goals. The Commission states the fiscal impact of this section cannot be determined since it will depend on the type of program implemented and the level of incentives paid out. The Commission expects increased state restricted revenue attributable to successful retailers participating in such a program will be greater than increased state restricted expenditures from incentive payments to retailers, resulting in a net profit.
The Commission states sections 4 and 5 of this bill eliminate the 50% payout restriction on Tri-State Lotto games. The Commission states the elimination of the restriction will allow the Commission to introduce new games; however, the fiscal impact will depend on the types of games that are introduced. The Commission expects increased state restricted revenue attributable to the new games will be greater than increased state restricted expenditures related to those games, resulting in a net profit.