Episode Details

Montana Lottery’s $18.5 million accounting mess stems from former financial director Armond Sergeant’s failure to perform his duties before his death in March 2025, leading to overstated and understated accounts — no fraud, just systemic breakdowns. The state’s Legislative Audit Division uncovered the errors, prompting lawmakers to demand accountability and stronger safeguards. The lottery is now overhauling internal controls, hiring a new compliance monitor, and working with the governor’s office to prevent future mishaps.

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