“In no way can it replace someone’s life,” said Al Etcheber, the brother-in-law of Stacee Etcheber, who died when a gunman fired from a high-rise casino hotel into a country music festival below.

“Still, it is a real nice way to help families who lost someone they loved.”

Stacee Etcheber was married to Al’s brother, San Francisco police officer Vincent Etcheber. The 50-year-old mother of two children worked as a hairdresser in Novato, California.

Victims fund spokesman Howard Stutz said the non-profit expects to pay 100 per cent of the funds raised, with payouts beginning on Monday.

Police say 851 people were hurt by gunfire or other injuries while fleeing.

The fund grew into a non-profit corporation that reported receiving more than 90,000 donations, with nearly 40 per cent coming from southern Nevada gambling, tourism and entertainment companies.

Students, faculty and staff at a high school in suburban Henderson raised more than US$66,000 through T-shirt sales, and a Vegas Strong benefit concert that raised nearly US$700,000.

Disbursements were determined by a committee of victim advocates, mental health and medical professionals, lawyers, donors and others. The committee held two town hall meetings to hear from victims and their families.

The committee reported reviewing more than 1,600 email and written comments, with advice from national experts, including victim compensation expert Kenneth Feinberg and the National Centre for Victims of Crime.