If the Connecticut Lottery Corporation is licensed to sell lottery tickets for lottery draw games through the corporation’s Internet web site, an online service or a mobile application pursuant to § 12-853, the corporation shall establish an “online lottery ticket sales fund” into which all revenue from online lottery ticket sales shall be deposited, from which all payments and expenses of the corporation related to such sales shall be paid and from which transfers to the General Fund and the debt-free community college account, established in § 10a-174a, shall be made pursuant to subsection (d) of § 12-812.

Terms Used In Connecticut General Statutes 12-853a

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.