Nov. 15, 2019
Missouri Lottery Surpasses $6.5 Billion in Proceeds
With its latest transfer of profits to the Lottery Proceeds Fund for public education, the Missouri Lottery has exceeded the $6.5 billion mark for profits sent to the state and public education since Lottery sales began in 1986. The transfer of $24,152,035 – based on ticket sales in October – brings the total for FY20 to more than $125.8 million so far.
Prior to each fiscal year, the Lottery averages the most recent five years’ profits for a “benchmark” and increases that amount by 1% to arrive at a prudent goal for the next fiscal year.
For complete information about Missouri Lottery proceeds, including the specific programs benefited in each county, see the “Where the Money Goes” section at MOLottery.com.
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About the Missouri Lottery (MOLottery.com)
In 1984, more than 70 percent of Missouri voters approved a lottery. Since sales started in 1986, the Missouri Lottery has generated more than $6.5 billion for the state and public education, and annual Lottery proceeds make up approximately 4 percent of the state’s funding for public education. Lottery players have won more than $15 billion in prizes, and retailers have earned more than $1.35 billion in commissions. Last fiscal year, the Lottery generated more than $346 million for vital education programs, including A+ scholarships. When you play the Missouri Lottery, you Play It Forward!