Montana Lottery Financial Statements (Unaudited) March 31, 2007

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The account "Transfer Obligations" is $3, 1 83,91 payable to the General Fund at March 31, 2007.
Compensated Absences . State employees earn vacation leave ranging from 1 5 to 24 days per year depending on the individual's years of service. Vacation leave may be accumulated not to exceed two times the maximum number of days earned annually. With no limit on accumulation, sick leave is earned at 12 days per year.
Upon retirement or termination, an employee is paid 100% for unused vacation and 25
...% for unused sick leave. The Lottery's liability for compensated absences is detailed below.
Balance Net Leave Balance June 30. 2006 Earned/(Used) March 31, 2007 $184,725 $6,025 $190,750 Commissions. Section 23-7-301(10), MCA, provides retailers a commission on scratch, Qwik Tix and lotto tickets or chances sold. The Lottery Commission established this commission at 5% of the face value of scratch tickets activated by the retailers and the face value of Qwik Tix and lotto tickets sold. In addition retailers can earn bonus commissions on tickets sold based on incremental sales of scratch tickets.


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