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Friday, December 28th, 2007The international organization called Government Finance Officers Association of the United States and Canada (GFOA) has given the online lottery California Lotto Plus a Certificate of Achievement for Excellence in Financial Reporting for the Fiscal Year 2005-06 Comprehensive Annual Financial Report (CAFR).
The GFOA is an organization without purpose of profit with offices in Chicago, IL, Washington D.C.
The online lottery California Lotto Plus has won this certificate, the most respected one in the governmental accounting and financial reporting area, four years in a row.
Since the online lottery California Lotto Plus started back in 1985, more than $19 billion dollars has been given to California’s public schools, al least a 34% of the total $52 billion dollars total money earned in the sales. More than 50% of the sales have been returned as winnings.
