Idaho § 67-7432 CASH DISBURSEMENTS

Idaho Statutes

§ 67-7432 — CASH DISBURSEMENTS

Idaho·Title 67 STATE GOVERNMENT AND STATE AFFAIRS·Ch. 74 IDAHO STATE LOTTERY

The director is authorized to make the following disbursements from the state lottery account:

(1)Payment of prizes directly to the holder of valid winning tickets or shares;

(2)Purchase of annuities or investments to be utilized to pay future installments of winning tickets or shares;

(3)Refunds, if any, due to lottery retailers or players;

(4)Expenses of the lottery;

(5)Payments to an Indian tribe pursuant to a state-tribal gaming compact negotiated pursuant to section 67-429A, Idaho Code;

(6)The payment of the lottery’s obligations, including the purchase of property, buildings and equipment; and

(7)The payment of dividends, as provided for under section 67-7434, Idaho Code.

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The director is authorized to make the following disbursements from the state lottery account:
(1) Payment of prizes directly to the holder of valid winning tickets or shares;
(2) Purchase of annuities or investments to be utilized to pay future installments of winning tickets or shares;
(3) Refunds, if any, due to lottery retailers or players;
(4) Expenses of the lottery;
(5) Payments to an Indian tribe pursuant to a state-tribal gaming compact negotiated pursuant to section 67-429A, Idaho Code;
(6) The payment of the lottery’s obligations, including the purchase of property, buildings and equipment; and
(7) The payment of dividends, as provided for under section 67-7434, Idaho Code.

Idaho § 67-7432 (CASH DISBURSEMENTS) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.