The Missouri Senate is considering a bill that would authorize video lottery games as a way to help fund college education.
Senator Denny Hoskins is the author of the Missouri Video Lottery Control Act. Under its provisions convenience stores and other retail outlets would house the terminals. They would be operated and licensed under the auspices of the State Lottery Commission. No more than five machines would be allowed at any location.
The exception would be fraternal organizations, such as VFWs, which would be able to operate up to ten terminals.
Operators would pay 36 percent of the gross to the state. The first $100 million generated would be earmarked for higher education. Any amount over that would to the elementary and high school education.
Hoskins’s bill is opposed by the state’s casinos.
