LITTLE ROCK, AR - The Arkansas Scholarship Lottery says the current run on its draw style game could help add proceeds to college scholarships.
The Natural State Jackpot had reached a record high of $375,000 ahead of a drawing set for Monday evening.
Arkansas Scholarship Lottery director Bishop Woosley says while the total is far below multi-state games like Powerball or MegaMillions, the percentage of ticket proceeds going to college scholarships is greater.
"The last two weeks have been record sales for weeks," Woosley says. "The last two Fridays are record sales for individual days."
Woosley recently revised the forecast downward for proceeds going to scholarships from an estimated $89 million, to $82 million for the fiscal year that ends June 30th.
He says part of the lower forecast is the lack of enthusiasm surrounding Powerball after the game raised it's prices to $2 per ticket and Woosley says a factor he calls "jackpot fatigue."
"Once it's reached a certain level, 100, 200 or 300 (million) it's just not that exciting to people anymore," Woosley says.
But he adds an Arkansas style game has a different appeal.
"It has a nice return for the lottery for scholarships, but it also has a much greater chance of an Arkansas player winning real money," Woosley says.
The lottery says if no winner comes from the draw Monday evening, the jackpot will likely roll to $400,000 on Tuesday.
(story contributed by Arkansasmatters.com)
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