LANSING — Gov. Rick Snyder signed legislation Wednesday ensuring that lottery winnings and other assets are taken into account when determining public aid eligibility.

“We must lend a hand to our most vulnerable citizens, but we also must protect taxpayers by insuring that state assistance goes to those who truly are in need,” Snyder said. “Significant lottery winnings and other assets should be taken into account when determining eligibility for taxpayer-funded assistance.”

Senate Bill 711, sponsored by state Sen. John Moolenaar, requires the Lottery Bureau to provide to the Department of Human Services (DHS) within seven days the names of recipients and the amount of their winnings for prizes more than $1,000.