| Issue Date: | 1991-05-19 |
|---|---|
| Revised Date: | 2025-08-20 |
Object Type
Cash — Lottery Winnings Paid
Reference
Description
To record the payment of Texas Lottery Commission prize money, other than prizes paid by installment.
Expenditure code 7208 includes, but is NOT limited to:
- Lump sum prize payments (lottery)
- Reimbursement of lower-tier and mid-tier prizes paid by Claims Centers (lottery)
Note
Prizes claimed at the Lottery Commission's claims centers are generally paid by the claims centers which are reimbursed from Appropriated Fund 5025-GR Account Lottery (held in the treasury), which are passed through the Texas Treasury Safekeeping Trust Company and through contracted bank intermediaries.
This code does NOT include:
- Bonuses paid to retailers (7207)
- Prizes paid in installments (7209)
- Retail Commissions (7260)
RESTRICTED: This code may be used only by Texas Department of Licensing and Regulation, Agency 452.
USAS Values
| Appropriation Year | 26 |
|---|---|
| USAS Title | LOTTERY WINNINGS |
| Object Group | 42 – Other Lottery Expenditures |
| USAS Status | A |
| Rev/Exp Category | 07 – LOTTERY WINNINGS PAID |