mo lottery commission

MarkyBon / Flickr

The Missouri Lottery says it expects to save about $700,000 a year with a vendor contract finalized amid criticism that the agency is funneling too little money to education.

The Lottery Commission on Thursday approved a seven-year contract with Rhode Island-based GTECH Corp. to provide computer gaming systems and related services.

The governor's budget office has been examining why the lottery had record sales in the latest budget year but transferred less money to schools.

Courtesy Missouri Lottery

A Missouri House committee is considering bill that would allow lottery winners to remain anonymous after claiming their prizes.

missouri auditor tom schweich
State of Missouri

A new state review rates the performance of the Missouri Lottery Commission as "good."
State Auditor Tom Schweich released his office's findings Tuesday and says the lottery has been run well.

The audit did question the lottery for renegotiating and entering into long-term contracts instead of rebidding contracts for services. It also noted that in 2010 and 2011, about $4.9 million of expenses for promotional items, event sponsorships and payments to advertising agencies were not included when advertising costs were reported to lawmakers.