The legislature’s lottery oversight committee today recommended a sharp reduction, more than 25 percent, in lottery scholarships next year because of stagnant lottery revenues. From Arkansas Business.

They’d drop from the current $4,500 to $3,300 for four-year college students and from $2,250 to $1,650 for two-year college students. The scholarships started at $5,000 in 2010, the first year of the program.