3Q transfer from lottery to state coffers up 3Q transfer from lottery to state coffers up Advocate story April 29, 2014 Comments BC-LA—Lottery Transfer,112 3Q transfer from lottery to state coffers up Eds: APNewsNow. BATON ROUGE, La. (AP) — The Louisiana Lottery Corporation’s third quarter transfer to the state’s treasury was $40.9 million, bringing total fiscal year-to-date contributions to $121.1 million. Lottery officials say the third quarter transfer is 5 percent over 2013 and exceeds budgeted transfers by more than $15.6 million. With third-quarter revenue of over $117 million, lottery state proceeds reached $40.9 million. By law, 35 percent of Lottery revenue is transferred to the state treasury and dedicated for K-12 public education. Lottery President Rose Hudson credited the Lottery’s success over the last three months to more big jackpot runs, including Powerball’s $425.3 million jackpot for the Feb. 19 drawing and Mega Millions’ $400 million jackpot on March 18.