August 20, 2002
$12.7 MILLION TRANSFERRED TO EDUCATION
The Missouri Lottery today sent $12.7 million to the Lottery Proceeds Fund for public education programs. This month’s transfer of $12,786,053 brings the total proceeds to the state in fiscal year 2003 to more than $29 million. Since the Lottery began in 1986, it has provided the state, including education, more than $1.8 billion.
Approximately 30 cents of every dollar spent playing the Lottery goes to education. The Missouri Lottery’s annual 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, visit the Lottery’s Web site at www.molottery.com.