2002-06-18 10:34:08.0


With today’s final transfer to public education in fiscal year 2002, Missouri Lottery proceeds have topped the previous year’s proceeds for the 10th year in a row. Today’s transfer of $13,379,123 brings the total proceeds to education in fiscal year 2002 to more than $160 million. During the last fiscal year, proceeds totaled $156.9 million. Jim Scroggins, executive director of the Missouri Lottery, attributes the past year’s increase to strong Powerball sales and higher Scratchers sales due to a greater variety of games and price points. "Powerball sales are up more than $23 million over last year," Scroggins noted. "Last August, the Powerball jackpot shot up to $280 million, the second-highest jackpot ever offered in Missouri. High jackpots help boost sales, and in turn, Lottery proceeds to Missouri’s public education. In addition to Powerball, Scratchers sales are up more than $40 million." From January 1986, when lottery sales began, through fiscal year 1993 the lottery provided the state General Revenue Fund with more than $542 million. After voters approved Amendment 11 in August 1992, all proceeds earned since fiscal year 1993 have benefited Missouri’s elementary, secondary and higher education programs. More than $1.2 billion has been transferred to education for a total of more than $1.8 billion to the state, including education, since the lottery began in 1986. For more information on lottery proceeds, transfers and programs, go to www.molottery.com. HISTORY OF LOTTERY TRANSFERS FY87 $80,000,100.00 FY88 $80,047,009.25 FY89 $93,102,306.37 FY90 $75,000,000.00 FY91 $76,179,083.01 FY92 $66,082,246.00 FY93 $72,129,289.00 FY94 $110,573,071.00* FY95 $125,169,977.37* FY96 $132,311,303.00* FY97 $134,201,860.00* FY98 $147,134,560.00* FY99 $150,578,471.00* FY00 $155,819,955.00* FY01 $156,918,454.00* FY02 $160,092,441.00* ** Total $1,815,340,126** * All proceeds to public education. All other years’ proceeds went to the General Revenue Fund. ** unaudited figures

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