Montana State Lottery Financial Statements, Years Ended June 30, 1995 And 1994 1995
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In our eReader you can find the full English version of the book. Read Montana State Lottery Financial Statements, Years Ended June 30, 1995 And 1994 1995 Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Montana State Lottery Financial Statements, Years Ended June 30, 1995 And 1994 1995
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The amounts in the unreserved accoimts may be used at the Board's discretion.
The long-tenn receivable balance of $1,461,589 and $1,131,198 at June 30, 1995 and 1994, respectively, represents the Lottery's share of the MUSL prize reserve fimd that had a balance of $47,250,261 and $49,946,409 for 1995 and 1994, respectively. The long-term liability balance of $1,447,165 and $1,153,060 at June 30, 1995 and 1994, respectively, represents the Lottery's share of the total estimated prize liability.
...Lotto* America Prizes and Investments Prizes awarded to Lotto*America grand prize wiimers are paid in twenty annual installments fimded by investments in United States Treasury zero coupon bonds. Bonds purchased on behalf of Montana source winners are held in trust by MUSL with the Montana State Lottery as beneficiary. As the bonds mature, the proceeds are forwarded to the Montana State Lottery and distributed to the grand prize winners on the anniversary date of each win.
At June 30, 1995 and 1994, MUSL held United States Government zero coupon bonds in trust for the MONTANA STATE LOTTERY NOTES TO FINANCIAL STATEMENTS (continued) Montana State Lottery winners with respective par values of $48,671,305 and $5 1,060,1 1 1 and respective market values of $30,830,604 and $29,491,684.
What to read after Montana State Lottery Financial Statements, Years Ended June 30, 1995 And 1994 1995?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature. Office of the Legislative Auditor to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The amounts in the unreserved accoimts may be used at the Board's discretion.
The long-tenn receivable balance of $1,461,589 and $1,131,198 at June 30, 1995 and 1994, respectively, represents the Lottery's share of the MUSL prize reserve fimd that had a balance of $47,250,261 and $49,946,409 for 1995 and 1994, respectively. The long-term liability balance of $1,447,165 and $1,153,060 at June 30, 1995 and 1994, respectively, represents the Lottery's share of the total estimated prize liability.
...Lotto* America Prizes and Investments Prizes awarded to Lotto*America grand prize wiimers are paid in twenty annual installments fimded by investments in United States Treasury zero coupon bonds. Bonds purchased on behalf of Montana source winners are held in trust by MUSL with the Montana State Lottery as beneficiary. As the bonds mature, the proceeds are forwarded to the Montana State Lottery and distributed to the grand prize winners on the anniversary date of each win.
At June 30, 1995 and 1994, MUSL held United States Government zero coupon bonds in trust for the MONTANA STATE LOTTERY NOTES TO FINANCIAL STATEMENTS (continued) Montana State Lottery winners with respective par values of $48,671,305 and $5 1,060,1 1 1 and respective market values of $30,830,604 and $29,491,684.
What to read after Montana State Lottery Financial Statements, Years Ended June 30, 1995 And 1994 1995?
You can find similar books in the "Read Also" column, or choose other free books by Montana. Legislature. Office of the Legislative Auditor to read onlineMoreLess
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