November 21, 2003
$18.6 MILLION IN LOTTERY PROCEEDS SENT TO EDUCATION
The Missouri Lottery today transferred $18.6 million to the Lottery Proceeds Fund for public education. Today’s monthly proceeds transfer of $18,665,917 is based on ticket sales in October, bringing the total proceeds for fiscal year 2004 to nearly $96 million.
More than $2 billion in Missouri Lottery proceeds have been transferred to the state of Missouri, including education, since the Lottery started in January 1986.
Approximately 27.5 cents of every dollar spent playing the Lottery goes to public education programs in Missouri. The Missouri Lottery’s contribution to public education is about 3.5 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, visit the Lottery’s Web site at www.molottery.com