Bill Text: TX HB839 | 2025-2026 | 89th Legislature | Introduced

Texas House Bill 839

Introduced

Bill Title: Relating to a limitation on the percentage of state lottery money paid as prizes to winning ticket holders.

Sponsorship: Partisan Bill (Republican 2)

Status: (Introduced - Dead) 2025-03-05 - Referred to Licensing & Administrative Procedures [HB839 Detail]

Download: Texas-2025-HB839-Introduced.html

	89R3236 PRL-F

	By: Vasut	H.B. No. 839



	A BILL TO BE ENTITLED
	AN ACT
	relating to a limitation on the percentage of state lottery money
	paid as prizes to winning ticket holders.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 466.355(b), Government Code, is amended
	to read as follows:
	(b) Money in the state lottery account may be used only for
	the following purposes and shall be distributed as follows:
	(1) the payment of prizes to the holders of winning
	tickets, provided the payment of prizes in a fiscal biennium may not
	exceed an amount equal to 40 percent of the gross revenue accruing
	from the sale of tickets in that biennium;
	(2) the payment of costs incurred in the operation and
	administration of the lottery, including any fees received by a
	lottery operator, provided that the costs incurred in a fiscal
	biennium may not exceed an amount equal to 12 percent of the gross
	revenue accruing from the sale of tickets in that biennium;
	(3) the establishment of a pooled bond fund, lottery
	prize reserve fund, unclaimed prize fund, and prize payment
	account; and
	(4) the balance, after creation of a reserve
	sufficient to pay the amounts needed or estimated to be needed under
	Subdivisions (1) through (3), to be transferred on or before the
	15th day of each month as follows:
	(A) the portion of the balance attributable to
	the lottery game operated under Section 466.027 to the fund for
	veterans' assistance established by Section 434.017; and
	(B) the remainder to the foundation school fund.
	SECTION 2. Section 466.355, Government Code, as amended by
	this Act, applies beginning with the state fiscal biennium
	beginning September 1, 2025.
	SECTION 3. This Act takes effect September 1, 2025.