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_ 639 Item Details($) Appropriations($) ITEM 480. First Year Second Year First Year Second Year FY2025 FY2026 FY2025 FY2026 revenue the value of allowable bonuses or promotions provided to bettors as an incentive to place or as a result of their having placed Internet sports betting wagers. After the first 12 months of sports betting activity, a permit holder is prohibited from excluding from adjusted gross revenue any bonuses or promotions provided to bettors as an incentive to place or as a result of their having placed Internet sports betting wagers. The provisions of this paragraph begin the first month a permit holder collects wagers related to sports betting, as defined in § 58.1-4030, Code of Virginia. E. The appropriation for the Distribution of Casino Taxes is sum sufficient and amounts shown are estimates of amounts to be distributed pursuant to subsection B.1. of §58.1- 4125 from taxes on adjusted gross receipts deposited in the Gaming Proceeds Fund. F. Notwithstanding any provision of law to the contrary, including § 3-2.03, § 4-3.02, and § 4-13.00 of the Appropriations Act, the State Comptroller shall authorize an interest-free treasury loan for the Virginia Lottery to fund costs associated with the implementation of electronic gaming device oversight pursuant to the provisions of Senate Bill 212 of the 2024 General Assembly. The amount of the Treasury loan may include costs as estimated to be incurred by Virginia Lottery for the administration, regulation, enforcement, and oversight of electronic gaming devices in accordance with § 58.1-4200, Code of Virginia. The Secretary of Finance may extend the repayment plan for any such interest-free treasury loan for a period of longer than twelve months as needed to support state costs associated with the administration and regulation of electronic gaming devices. Intended repayment of the treasury loan is from revenues anticipated from taxes, fees, and fines collected pursuant to the authorizing legislation. The Director, Department of Planning and Budget, is authorized to provide nongeneral fund appropriation to Virginia Lottery in the amounts necessary to reflect expenditures in accordance with this paragraph. 481. Disbursement of Lottery Prize Payments (81200) a sum sufficient, estimated at $350,000,000 $350,000,000 $550,000,000 Payment of Lottery Prizes (81201) $350,000,000 $350,000,000 $550,000,000 Fund Sources: Enterprise a sum sufficient Authority: Title 58.1, Chapter 40, Code of Virginia. There is hereby appropriated from affected funds in the state treasury, for payment of prizes awarded by the state lottery and of commissions to lottery sales agents, in accordance with law, a sum sufficient. Total for Virginia Lottery $595,106,034 $595,106,034 $818,520,350 Nongeneral Fund Positions 458.00 458.00 Position Level 458.00 458.00 Fund Sources: Enterprise $521,575,684 $521,575,684 $744,990,000 Dedicated Special Revenue $73,530,350 $73,530,350 § 1-136. VIRGINIA COLLEGE SAVINGS PLAN (174) § 1-136.1. COMMONWEALTH SAVERS PLAN (174) 482. Investment, Trust, and Insurance Services (72500) a sum sufficient, estimated at $250,000,000 $250,000,000 Payments for Educational Benefits Expense (72505) $250,000,000 $250,000,000 Fund Sources: Enterprise $250,000,000 $250,000,000 Authority: Title 23.1, Chapter 7, Code of Virginia. A. Amounts for Payments for Educational Benefits Expense represent the payment of benefits to postsecondary educational institutions and individuals on behalf of program participants under the Defined Benefit 529 Programs, which include Prepaid529 and the