Want to sell lottery tickets? Find out how
With a Tennessee state lottery in the works, lottery organizers are now recruiting businesses who want to sell lottery tickets.
The proceeds from the state lottery, which is tentatively set to begin in early 2004, will be used to fund college scholarships for eligible Tennessee residents. The scholarships are expected to become available in spring of 2004.
In publicity campaigns spearheaded by Tennessee Education Lottery Corporation (TELC), the group is asking interested businesses to submit contact information so they can receive information on how to qualify to sell lottery tickets once they go on sale. The TELC has set up a Web site explaining the process which is found at www.tnlottery.gov. The site offers a wealth of information, ranging from on-line sign-ups for information on how to qualify to sell lottery tickets, to qualifications for scholarships.
There will be five types of scholarships funded by the lottery including the Tennessee HOPE scholarship, the General Assembly Merit Scholarship, the Need-Based Supplemental Award, the Tennessee HOPE Access Grant and the Wilder-Naifeh Technical Skills Grant.
Amounts of scholarships will vary and there are minimum standards that must be met to qualify. The scholarships are only for Tennessee residents for use in Tennessee schools of higher learning.
The HOPE scholarship will be the most sweeping of the grants where a student may qualify after high school graduation by having a 3.0 GPA or scoring a 19 or better on the ACT. Holders of GEDs are also eligible. The scholarship may be as much as $3,000 per year.
The most limited of the scholarships will be the General Assembly Merit Scholarship which requires a 3.75 GPA or a minimum 29 on the ACT.