State of Texas – Fiscal Management

Manual of Accounts

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Fund 0895 – Lotto Prize Trust Fund

 

Legal Citations:
Origin Date: 1993
Issue Date: 1993-01-21
Revised Date: 2025-09-01

Purpose


Consists of set aside proceeds from state lottery of yearly Lotto installment prize payments. Proceeds are invested by Comptroller and Texas Safekeeping Trust Company. Fund includes earnings on investments. Amounts paid for prize payments are transferred to GR Account 5025 - Lottery.

Classification Group 08: Trust Funds [?]
Depository Interest Retained in appropriated fund.
Disposition of Balance Accumulative
Appropriation Technique Not appropriated for state expenditure.

Financial Activity


To view this fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:


Notes


S.B. 3070, 89th Leg., R.S. abolished the Lottery Commission (362) and transferred all programs and duties to the Texas Department of Licensing and Regulation (452) effective 9/1/2025.



USAS Values


USAS Title LOTTO PRIZE TRUST FD
Consolidated Fund
State Fund Group 08 - TRUST FUNDS
USAS Status A
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities


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