Relating to the abolishment of the state lottery.
HB 2918 eliminates Texas's state lottery system, removing approximately $1.5-2 billion in annual education funding unless replaced by alternative revenue sources.
HB 2918 eliminates Texas's state lottery system, removing approximately $1.5-2 billion in annual education funding unless replaced by alternative revenue sources.
HB 2918 proposes to abolish the Texas Lottery, eliminating the state-operated gambling program that has generated revenue for education and veterans' services since 1992. The bill would require the orderly wind-down of lottery operations and disposition of remaining assets according to state law.
The Texas Lottery generates approximately $1.5-2 billion annually in revenue, with the majority directed to the Foundation School Fund for public education. Abolishment would significantly impact education funding, create administrative costs for winding down operations, and affect the roughly 8,000 retail locations that sell lottery tickets as part of their business operations.
Compiled from official sources — confirm details with the bill’s official record.
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