Substitute Senate Bill No. 1463 seeks to modernize the operational framework of the Connecticut Lottery Corporation by amending existing laws and introducing new provisions. Key changes include the repeal of Section 12-801, which is replaced with updated definitions that incorporate online lottery ticket sales and establish an Online Lottery Ticket Sales Fund to manage revenues from these sales. The bill also clarifies the definitions of terms related to lottery operations, such as excluding online sales revenues from the "Lottery and gaming fund." Additionally, it modifies the powers of the Connecticut Lottery Corporation to ensure revenue generation for the state while maintaining operational integrity, and it mandates transfers to the Connecticut Teachers' Retirement Fund Bonds Special Capital Reserve Fund and the Early Childhood Care and Education Fund.

The bill further enhances the Connecticut Lottery Corporation's authority by allowing it to enter agreements for joint lottery games, manage retail and online sports wagering, and establish prize reserve accounts. It increases the minimum average commission for lottery sales agents from 4% to 5.5%, which will incur an annual cost of $7 million to the corporation. The bill also emphasizes the protection of personal information for lottery winners, prohibiting the publication of their names and addresses without consent and exempting this information from the Freedom of Information Act. Financially, the bill redirects revenue from online lottery ticket sales and online sports wagering to the Early Childhood and Education Fund starting July 1, 2025, resulting in projected revenue losses for the General Fund but gains for early childhood education initiatives.

Statutes affected:
Raised Bill: 12-801, 12-812, 12-867, 12-810, 12-814
GL Joint Favorable: 12-801, 12-812, 12-867, 12-810, 12-814
File No. 612: 12-801, 12-812, 12-867, 12-810, 12-814