Study; JLARC to study feasibility of allocating a larger portion of Virginia Lottery prize money to localities; report. Directs the Joint Legislative Audit and Review Commission (JLARC) to study the feasibility of allocating a larger portion of Virginia Lottery prize money to localities. In its study, JLARC is directed to (i) review how the Virginia Lottery would be affected if prizes were reduced by up to five percent to provide a greater return to localities, (ii) determine if operation costs could be reduced to provide an alternative way to return more money to localities, and (iii) review other related issues and make recommendations as appropriate.