February 24, 2003
LOTTERY SENDS $18.5 MILLION TO EDUCATION
The Missouri Lottery today transferred $18.5 million to the Lottery Proceeds Fund for public education. Today’s monthly proceeds transfer of $18,548,725 is based on ticket sales in January. It brings the total provided to public education in fiscal year 2003 to more than $130 million and the total amount of proceeds generated by the Lottery since it began in 1986 to more than $1.9 billion.
Approximately 27.5 cents of every dollar spent playing the Lottery goes to education. The Missouri Lottery’s 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.