§ 8880.63
74 words·~1 min read·
/ca/government-code/8880-63A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)As nearly as practical, 50 percent of the total projected revenue, computed on a fiscal-year basis, accruing from the sales of all lottery tickets or shares shall be apportioned for payment of prizes.
(b)This section shall become operative on April 1 of the year following notification from the Controller to the Legislature and the Governor that the events described in paragraphs
(1)and
(2)of subdivision
(c)of Section 8880.4.5 have occurred.