Financial Statements And Independent Auditors' Report, Montana State Lottery, June 30, .. 2006

Cover Financial Statements And Independent Auditors' Report, Montana State Lottery, June 30, .. 2006
Financial Statements And Independent Auditors' Report, Montana State Lottery, June 30, .. 2006
Montana. Legislature. Legislative Audit Division
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The Lottery has eight Lotto* America/Powerball/Tri -West winners. The combined total future prize payments owed is $34,468,000 and $39,676,000, at June 30, 2006 and 2005, respectively. The present value of future prize payments approximates the current market value of the bonds held in trust for the Lottery winners.
Total annual payments due as of June 30, 2006 are: 2007 $ 5,208,000 2008 5,208,000 2009 5,208,000 2010 5,106,000 2011 4,603,000 Thereafter 9,135,000 $34,468,000 Continued 19- I Mont
...ana State Lottery Notes to the Financial Statements June 30, 2006 and 2005 I I I I I NOTE H - MULTI-STATE LOTTERY ASSOCIATION, continued Multi-State Lottery Association Financial Position - Information related to the Multi-State Lottery Association's audited financial statements is as follows: June 30.
2006 2005 Total assets Total liabilities Total net assets Total liabilities and net assets, unrestricted Total revenues Total expenses Increase (decrease) in unrestricted net assets NOTE I - ESTIMATED PRIZE LIABILITY SLQMJJgJM S1.138.78L518 1,053,967,990 211,566 $M54JJM56 S %.


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