Login

logo
CONTACT US   /   RETAILERS

News

2018-09-14 12:58:24.017

Lottery Generates $26.7 Million in Monthly Profits for Education

Story Photo


Profits from Missouri Lottery ticket sales in August were sent to the Lottery Proceeds Fund for public education today. The September transfer of $26,792,585 brings the total for FY19 to more than $76.5 million.

Since Missouri Lottery sales started in 1986, the Lottery has generated more than $6 billion for the state and public education. Annual Lottery proceeds comprise about 4 percent of the state’s funding for public education – an effort shared by local, state and federal governments.

Prior to each fiscal year, the Lottery averages the most recent five years’ profits for a “benchmark” and increases that amount by 1 percent to arrive at a prudent goal for the next fiscal year.

In addition to providing funds for public education, the Lottery also benefits the state by collecting state taxes on prizes of more than $600. During FY18, the Lottery collected $4 million in state tax withholdings, along with another $955,000 in debt offsets for back taxes, child support, public defender fees and other state agency debts.

For complete information about Missouri Lottery proceeds, including the specific programs benefited in each county, see the “Where the Money Goes” section.

 







 |  About Us |  Careers |  Calendar |  Play Responsibly |  Where to Play |  Game Rules

Visit Us On

Players must be 18 years or older to purchase Missouri Lottery tickets.

*In the event of a discrepancy, official winning numbers prevail over any numbers posted on this website.