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2016-04-15 16:16:23.773

Lottery Sends $24.3M to Public Education Fund


The Missouri Lottery today transferred $24.3 million in profits to the Lottery Proceeds Fund for public education. The April transfer of $24,305,462 is based on March sales, and it brings the FY16 total to education to more than $263 million.

Since Missouri Lottery sales started in 1986, the Lottery has generated more than $5.3 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.

Programs funded in FY16 include the A+ Scholarship Program, the Foundation Program and Access Missouri, among many others. For complete information about Missouri Lottery proceeds, including maps of proceeds by program and by county, see the “Where the $ Goes” section at MOLottery.com.

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 the past fiscal year, the Lottery added $8.7 million in state tax collections from prize winnings to the General Revenue Fund.

 


 

* * * Two Scratchers to Expire by End of May * * *

 

Time is running out to redeem prizes from two Scratchers games. They are:

• 045, “Mega Multiplier Playbook” – expires May 20;
• 050, “$20,000 Taxes Paid” – expires May 26.







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