|Financial Audit Division Report 13-12
|Released June 20, 2013
The Minnesota State Lottery’s internal controls were generally adequate to ensure that it safeguarded cash, and retailers accurately remitted all cash for net lottery sales. The Minnesota State Lottery’s internal controls were also generally adequate to ensure it created reliable financial data, and it accurately paid employees, vendors, prize claims, in-lieu-of-sales tax, and net proceeds in accordance with management’s authorization and in compliance with finance-related legal requirements. However, the Lottery had some control weaknesses related to its cash, banking, and payroll.
For items tested, the Minnesota State Lottery generally complied with finance-related legal provisions. However, the Lottery did not comply with some requirements related to employee travel benefits and nonmonetary prize winners.
The Lottery resolved three of four prior audit findings related to purchasing and personnel, but it did not resolve the prior audit finding about payroll verification.
|July 1, 2010, through December 31, 2012