Montana Lottery Financial Statements (Unaudited) September 30, 1989
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All money paid to this fund, as well as the interest earned on the Lottery's share of the fund, would be returned to the Lottery upon leaving MUSL (assuming that no unanticipated prize claims have been paid). The Lottery contributes to the reserve fund through the 45% set-aside for prizes. In addition the Lottery was required to contribute for its portion of the reserve fund accumulated since the start of the Lotto*America game. The Lottery made this payment in full as of June 1990, through an ...additional 2% of drawing revenue rather than making a lum.p sum payment. Payments made to the reserve fund are considered a portion of the prize expense associated with the on-line game. Contributions to this fund total $352,410, interest earnings equal $25,512 for a total of $377,922 as of September 30, 1990. 7 . GAMES Currently, the Montana Lottery games are instant ticket games and an on-line game referred to as Lotto*America . Instant ticket games provide players the opportunity to win instantly by scratching a latex covering to reveal a prize.
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