Florida Lottery Transfers $1.49 Billion to Education

Aug 21, 14 Florida Lottery Transfers $1.49 Billion to Education

Aug. 21, 2014 – The Florida Lottery announced Wednesday that lottery ticket sales last year enabled them to transfer nearly $1.5 billion in funding to public education in the state.

“This has been an outstanding year for the Florida Lottery, and for Florida’s students and schools,” said Governor Rick Scott in a Florida Lottery press release.

According to the release, the Florida Lottery sold more than $5.36 billion in lottery tickets last year, a record-high for the 26-year-old Lottery.  Each month, the Lottery generated more than $100 million for their beneficiaries.

The $1.49 billion deposit to Florida schools brings the Florida Lottery’s total contributions to education in the state to more than $27 billion.

“Providing our children with a quality education will equip them with the necessary skills to succeed in life.  We are working to ensure our children are ready to compete in a new global economy,” said Gov. Scott.  “Over the past 26 years, the Lottery has proven its commitment to education funding at every level, and this investment will benefit our children.”

“Floridians can always count on the Lottery to remain focused on our mission to maximize revenues for the education programs we fund,” said Florida Lottery Secretary Cynthia O’Connell.  “In the coming year, we will continue to explore new product offerings that will help generate enthusiasm among our players and grow revenues for education in our state.”

 

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Written by Matt Isaacs

Matt is the Editorial Manager for the LotteryHUB News Team. Matt graduated from Rutgers University’s School of Journalism and Media Studies in May 2013

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