JACKSON, MISS–The Mississippi Lottery Corporation (MLC) completed its February transfer of $9,834,061.43 to the Lottery Proceeds Fund in the Mississippi State Treasury. This brings the total transfer for Fiscal Year 2021 to $84,907,290.12.
“With this month’s transfer to the State, we have exceeded the $80 million mark,” said MLC President Tom Shaheen. “By surpassing this benchmark, proceeds from the sale of lottery tickets for the remainder of FY21 will help fund educational programs in addition to funds already provided for road and bridge repair. This is a major milestone for the lottery, our retailers and all Mississippians.
“We are beyond grateful to be in this position and look forward to raising even more money for both important causes,” he continued.
Per the Alyce G. Clarke Mississippi Lottery Law, the first $80 million in net proceeds goes to road and bridge needs around the state for 10 years. Net proceeds over $80 million go to the Education Enhancement Fund.
Winners!
Roads, bridges and education are not the only groups benefitting from the lottery. As the temperatures rise and the time changed, springtime winners having been keeping our headquarters busy this week!
https://www.picayuneitem.com/2021/03/mississippi-lottery-corporation-announces-february-transfer-to-the-state/