If passed, it would allow for the creation of a lottery ticket that would help fund veteran's programming in the state.
Amendment supporters say it's a way for current veteran services to continue receiving funds during a time when revenues are down.
Opponents say the special ticket could funnel some lottery revenue away from education.
"People that say it's going to cut money from education, I don't believe that's the case," said State Rep. Charlie Davis. "As a matter of fact, I think it's going to have a reverse effect as somebody goes in to buy a veteran lottery ticket, they might look at another one and say, 'hey let's buy one of these, too,'"
Proceeds from the veterans' tickets would go directly to the Veterans Commission Capital Improvement Trust Fund.
According to Missouri lawmakers, the state currently has more than 1,300 residents in veterans homes and more than 1,800 on the waiting list.