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Code · Illinois · Chapter 20 — EXECUTIVE BRANCH · Act 1605

Sec. 20. State Lottery Fund.

365 words·~2 min read·/il/chapter-20/act-1605/20

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Sec. 20. State Lottery Fund.
(a)There is created in the State Treasury a special fund to be known as the State Lottery Fund. Such fund shall consist of all revenues received from
(1)the sale of lottery tickets or shares, (net of commissions, fees representing those expenses that are directly proportionate to the sale of tickets or shares at the agent location, and prizes of less than $600 which have been validly paid at the agent level),
(2)application fees, and
(3)all other sources including moneys credited or transferred thereto from any other fund or source pursuant to law. Interest earnings of the State Lottery Fund shall be credited to the Common School Fund.
(a-5) The receipt and distribution of moneys under Section 21.4 of this Act shall be in accordance with Section 21.4.
(b)The receipt and distribution of moneys under Section 21.5 of this Law shall be in accordance with Section 21.5.
(c)The receipt and distribution of moneys under Section 21.6 of this Law shall be in accordance with Section 21.6.
(d)The receipt and distribution of moneys under Section 21.7 of this Law shall be in accordance with Section 21.7.
(e)The receipt and distribution of moneys under Section 21.8 of this Law shall be in accordance with Section 21.8.
(f)The receipt and distribution of moneys under Section 21.9 of this Law shall be in accordance with Section 21.9.
(g)The receipt and distribution of moneys under Section 21.10 of this Law shall be in accordance with Section 21.10.
(h)The receipt and distribution of moneys under Section 21.11 of this Law shall be in accordance with Section 21.11.
(i)(Blank).
(j)The receipt and distribution of moneys under Section 21.13 of this Law shall be in accordance with Section 21.13.
(k)The receipt and distribution of moneys under Section 25-70 of the Sports Wagering Act shall be in accordance with Section 25-70 of the Sports Wagering Act.
(l)The receipt and distribution of moneys under Section 21.15 of this Law shall be in accordance with Section 21.15.
(m)The receipt and distribution of moneys under Section 21.16 of this Law shall be in accordance with Section 21.16.
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