March 19, 2002
LOTTERY PROCEEDS OF $13.2 MILLION SENT TO EDUCATION
The Missouri Lottery today sent $13.2 million to the Lottery Proceeds Fund to benefit public education programs. The March monthly transfer of $13,271,059 is based on February sales.
This transfer brings the total revenues to education during fiscal year 2002 to more than $121 million, and the total proceeds to the state, including education, since the Lottery began in 1986 to more than $1.7 billion.
Approximately 29.5 cents of every dollar spent playing the Lottery goes to education. The Missouri Lottery’s contribution to public education is about 3 percent of education’s total annual funding.
Each year, the Legislature appropriates Lottery proceeds to various education programs.
For a complete list of education programs funded in fiscal year 2002, visit the Lottery’s Web site at www.molottery.com.