South Carolina General Assembly
123rd Session, 2019-2020

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H. 4142

STATUS INFORMATION

House Resolution
Sponsors: Reps. Ott, Cobb-Hunter, Kirby, Mace, Davis, Stavrinakis, King, Caskey, Collins and Crawford
Document Path: l:\council\bills\nbd\11237dg19.docx

Introduced in the House on February 28, 2019
Currently residing in the House Committee on Invitations and Memorial Resolutions

Summary: Lottery Commission

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   2/28/2019  House   Introduced (House Journal-page 58)
   2/28/2019  House   Referred to Committee on Invitations and Memorial 
                        Resolutions (House Journal-page 58)

View the latest legislative information at the website

VERSIONS OF THIS BILL

2/28/2019

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A HOUSE RESOLUTION

TO URGE THE SOUTH CAROLINA LOTTERY COMMISSION TO RENEGOTIATE ANY CONTRACT FOR A NATIONAL LOTTERY GAME SO THAT THE LOTTERY GAME, IN THE EVENT THAT A WINNER FAILS TO CLAIM A PRIZE OF FIVE HUNDRED MILLION DOLLARS OR MORE, AGREES TO REMIT ANY INCOME TAX LIABILITY IN THIS STATE THAT WOULD HAVE RESULTED FROM THAT WINNER CLAIMING THE PRIZE, AND TO STRONGLY ENCOURAGE THE LOTTERY COMMISSION TO DISCUSS WITH ITS COUNTERPARTS IN OTHER STATES THE BENEFITS OF SUCH A PROVISION TO ALL STATES.

Whereas, on October 23, 2018, one winning ticket in the Mega Millions drawing was sold at the KC Mart convenience store in Simpsonville, South Carolina. The winner has one hundred eighty days to come forward and claim the $1.54 billion prize; and

Whereas, if the winner does not come forward in one hundred eighty days, the forty-four states that participate in the Mega Millions each receive the money they sold in tickets for the prize returned to them. In South Carolina, that would be eleven million dollars; and

Whereas, if the winner claims the prize, South Carolina will receive over sixty million dollars in income tax revenue; and

Whereas, the disparity in revenue and uncertainty of whether the winner claims the ticket makes the budgeting process much more uncertain than is necessary. Now, therefore,

Be it resolved by the House of Representatives:

That the members of the South Carolina House of Representatives, by this resolution, urge the South Carolina Lottery Commission to renegotiate, with retroactive effect, any contract for a national lottery game so that the lottery game, in the event that a winner fails to claim a prize of five hundred million dollars or more, agrees to remit to the Department of Revenue any income tax liability in this State that would have resulted from that winner claiming the prize. The South Carolina Lottery Commission is strongly encouraged to discuss with its counterparts in other states the benefits of such a provision to all states.

Be it further resolved that a copy of this resolution be sent to the Board of Commissioners of the South Carolina Lottery Commission.

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This web page was last updated on March 1, 2019 at 2:05 PM