Relating to the amount deposited into the State Lottery Fund for costs and expenses of administering the article

HB 2694 adjusts how much money the West Virginia Lottery Commission deposits into the State Lottery Fund to cover its administrative costs. Specifically, it changes the deposit rate from a flat 2% of gross terminal income to a sliding scale based on the previous year’s revenue: 2% if revenue is $0-$300 million, 1.5% if $300-$400 million, and 1% if over $400 million. This directly affects the Lottery Commission’s budget for operating the video lottery program. The bill does not alter how funds are distributed to counties, municipalities, or other programs, only the percentage allocated to administrative expenses.