California Lottery Returns $1.28 Billion to Education
Oct. 2, 2013 – California State Controller John Chiang announced yesterday that the California Lottery’s Lottery Education Fund had returned more than $1.28 billion to “school districts, educational institutions, and state agencies” last year.
More than $1 billion of the Lottery’s proceeds were funneled into K-12 schools and programs – by far the largest benefactor of the California Lottery’s nearly $4.5 billion in sales.
The state’s community colleges saw the second-largest payment from the Lottery Fund, receiving about $168 million. California State University saw about a quarter that amount, and the University of California system received about $30 million.
Reports, like this one from the L.A. Times, point to higher jackpots in games like Powerball and Mega Millions as the driving force behind a strong year of Lottery sales nationwide.
Including the nearly $1.3 billion in proceeds this year, the California Lottery has now returned more than $25 billion to education programs in the state – an average of just under $1 billion in education funding each year since the Lottery was started in 1985.