Substitute Senate Bill No. 1463 seeks to amend the legal framework governing the Connecticut Lottery Corporation by introducing new provisions and modifying existing ones. A significant change includes the repeal of Section 12-801, which is replaced with updated definitions that encompass online lottery ticket sales and the creation of an Online Lottery Ticket Sales Fund. This fund will manage revenues from online sales, covering related expenses and facilitating transfers to the Early Childhood Care and Education Fund. The bill also clarifies various terms related to lottery operations and modifies Section 12-806 to emphasize the corporation's role in generating revenue for the state while enhancing its authority to manage lottery operations and introduce new games, including online platforms.

Additionally, the bill includes several key amendments, such as increasing the minimum average commission for lottery sales agents from 4% to 5.5%, and establishing privacy protections for lottery winners by prohibiting the disclosure of their names and addresses without consent. It also mandates that unclaimed prize funds can be retained as additional revenue or used to boost sales, and specifies that lottery prizes must be funded through secure financial instruments. The bill aims to enhance the operational framework of the lottery and related gaming activities while ensuring compliance with regulatory standards, ultimately redirecting revenue from online lottery ticket sales and sports wagering to support 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