WV HB2694

Beginning July 1, 2026, the Lottery Commission's administrative expense deposit from gross terminal income will be tiered based on the previous fiscal year's revenue: 2% if gross terminal income is $0-$300 million, 1.5% if $300-$400 million, and 1% if over $400 million

Current law requires a flat 2% of gross terminal income to be deposited into the State Lottery Fund for administrative costs regardless of revenue levels

The tiered structure reduces the commission's administrative allocation percentage as gross terminal income increases, potentially directing more funds to other purposes

The change only affects the limited video lottery program's distribution formula for administrative expenses