News

November 19, 2002

LOTTERY TRANSFERS $15.2 MILLION IN PROCEEDS TO EDUCATION

The Missouri Lottery today sent $15.2 million to the Lottery Proceeds Fund for public education programs. This month’s transfer of $15,248,125 is based on October sales and brings the total proceeds to the state in fiscal year 2003 to nearly $75 million. Since the Lottery began in 1986, it has provided the state, including education, more than $1.8 billion.

Approximately 27.5 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.

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