The state should force "state" schools to play one another on a rotating basis. It's good for the economy and the fans no matter who wins. LSU could rotate ULL, ULM and La Tech every three years and ULL, ULM and La Tech could rotate NSU, McNeese, SLU, Nicholls, Southern and Grambling every three years. The money would trickle down. Very simple, very easy and it could look like this:
2015 -- LSU vs. La Tech -- 800,000 payout
La Tech vs. Southern, Grambling -- 400,000 payout total or 200,000 each (keep 400,000 from LSU game)
ULL vs. McNeese, NSU -- 400,000 payout total
ULM vs. Nicholls, Southeastern -- 400,000 payout total
2016 -- LSU vs. ULL -- 800,000 payout
ULL vs. Southern, Grambling -- 400,000 payout total (keep 400,000 from LSU game)
ULM vs. McNeese, NSU -- 400,000 payout total
La Tech vs. Nicholls, SLU -- 400,000 payout total
2017 -- LSU vs. ULM -- 800,000 payout
ULM vs. Southern, Grambling -- 400,000 payout total (keep 400,000 from LSU game)
La Tech vs. NSU, McNeese -- 400,000 payout total
ULL vs. Nicholls, SLU -- 400,000 payout total
This may not be a perfect formula, but it's a start. Keep the money in state as often as possible.
2015 -- LSU vs. La Tech -- 800,000 payout
La Tech vs. Southern, Grambling -- 400,000 payout total or 200,000 each (keep 400,000 from LSU game)
ULL vs. McNeese, NSU -- 400,000 payout total
ULM vs. Nicholls, Southeastern -- 400,000 payout total
2016 -- LSU vs. ULL -- 800,000 payout
ULL vs. Southern, Grambling -- 400,000 payout total (keep 400,000 from LSU game)
ULM vs. McNeese, NSU -- 400,000 payout total
La Tech vs. Nicholls, SLU -- 400,000 payout total
2017 -- LSU vs. ULM -- 800,000 payout
ULM vs. Southern, Grambling -- 400,000 payout total (keep 400,000 from LSU game)
La Tech vs. NSU, McNeese -- 400,000 payout total
ULL vs. Nicholls, SLU -- 400,000 payout total
This may not be a perfect formula, but it's a start. Keep the money in state as often as possible.