Rhode Island General Laws

R.I. Gen. Laws § 42-61-6 (2026)

Proceeds of sales — Segregated funds

✓ current as of July 2026
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(a) All proceeds from the sale of lottery tickets or shares received by a person in the capacity of a sales agent shall constitute a trust fund until paid into the state lottery fund.

(b) The sales agent shall be personally liable for all proceeds; and failure to pay the lottery division moneys owed, upon demand, from the sales or misappropriation of the funds shall constitute embezzlement under § 11-41-3.

(c) The provisions of this section shall be enforced and prosecuted by the state police and the attorney general’s office.

Notes of Decisions
Cited in 4 cases, 1981–2010 · leading case: In Re Cairone, 12 B.R. 60 (Bankr. D.R.I. 1981).
In Re Cairone, 12 B.R. 60 (Bankr. D.R.I. 1981). · cites it 10× “The parties also agree that the proceeds in question are trust funds according to R.I.Gen. Laws § 42-61-6. That statute provides: All proceeds from the sale of lottery tickets or shares received by a person in the capacity of a sales agent shall constitute a trust fund until…”
In Re Advisory Opinion to the Governor, 856 A.2d 320 (R.I. 2004). · cites it 2× “Unlike proceeds generated from the sale of state lottery tickets, which must be held in trust until paid into the state lottery fund, G.L.1956 § 42-61-6, daily revenue generated at the casino would go directly to Harrah’s rather than to the state.”
Rhode Island Lottery Comm'n v. Yolanda (In re Yolanda), 12 B.R. 60 (D.R.I. 1981). · cites it 10× “The parties also agree that the proceeds in question are trust funds according to R.I.Gen. Laws § 42-61-6. That statute provides: All proceeds from the sale of lottery tickets or shares received by a person in the capacity of a sales agent shall constitute a trust fund until…”
Tennessee Educ. Lottery Corp. v. Cooper (In Re Cooper), 430 B.R. 480 (Bankr. E.D. Tenn. 2010). “at 62 (“R.I. Gen. Laws § 42-61-6 in straightforward, no-frills language specifically prescribes that the funds received from the sale of lottery tickets be held as a ‘trust fund’ by the agent until he [she] remits them to the Lottery Commission.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.