What is Arkansas scholarship lottery, and how it is awarded?
Arkansas scholarship lottery is designed to create winning people and winning futures. This statewide system of games of chance, implemented in 2008, was the result of an amendment to the state constitution as a means to generate revenue and fund scholarships for qualified high school graduates to attend college in Arkansas post-secondary institutions. More than 720,000 college scholarships have been awarded to Arkansans through the lottery system so far. The Department of Finance and Administration Office of the Arkansas Lottery oversees the operation of the lottery, whose net proceeds provide scholarships and grants to Arkansas citizens for in-state colleges and universities. Arkansas scholarship lottery provides continuing entertainment to the public, maximizes the revenue generated, and preserves the integrity and dignity of the process. The first scholarship funded by the Arkansas scholarship lottery was called the Academic Challenge Scholarship. This was a scholarship for A...