Montana Lottery Financial Statements (Unaudited) March 31, 2004
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These sen/ices and materials are detailed below for the quarter ended March 31, 2004: Insurance S 16,939 Warrant Writing Sen/ices 387 Pavroil Ser\/ices 986 Audit Fees 22,527 Work Study Contracts 1 ,791 CompuierPees 18,9,4 Printing 2,494 State Accounting System Support 6,535 Supplies and Materials 5,434 Mail Processing Pees 4,451 Telecommunications 17,669 Public Relations 7,000 10 Administrative Service Fees 40, / 1 z' SWCAP and SFCAP 8,100 Other 2.670 TOTAL $156,674 5. PRIZES Paid Prizes. Secti...on 23-7-402, MCA states, "A minimum of 45% of the money paid for. tickets or chances must be paid as pnze money". Prize expen.se is recorded [2£3ed on the oredetermined orize structure Dercentace for each came less unclaimed prizes. For the quarter ended March 31, 2004, the prize expense of $4,514,173 is 53.34% of net Lottery tic!
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