Louisiana started its state lottery in 1991. Since 2004, the lottery proceeds have funded public education in Louisiana through the “Minimum Foundation Program.” Even before that, the proceeds were primarily used for K-12 public education.The following table outlines the main lottery laws in Louisiana.What to do if you win the lottery?
Before Claiming Your Prize. When you win a lottery jackpot, you need to surround yourself with professionals. Hire yourself a good attorney who is well-versed in financial issues, as well as a solid fee-based financial advisor and a CPA. You are going to need them to help you make the best decisions for your future.