Florida Lottery John F. Davis complimented the Governor’s forward-thinking vision, stating, “I am deeply honored to serve under Governor DeSantis and advance his mission to make Florida the leader in education. The Governor’s budget reflects a strong commitment to innovation, ensuring the Florida Lottery remains at the forefront of lotteries nationwide.”
TALLAHASSEE – The Florida Lottery (Lottery) commends Governor DeSantis' Focus on Florida’s Future Budget proposal for its steadfast commitment to advancing the Lottery's mission of supporting education in Florida. The Focus on Florida’s Future budget includes an additional $10.6 million for the Lottery, offering the chance to strategically allocate resources to key areas, thereby enhancing the Lottery's impact on education and community progress.
During Fiscal Year 2022–23, the Lottery achieved record-breaking sales of $9.8 billion and contributed $2.4 billion to the state's Educational Enhancement Trust Fund (EETF). Remarkably, operating costs accounted for less than one percent of revenues, demonstrating the Lottery's continued commitment to efficiency and placing it among the most efficient lotteries nationwide.
Florida Lottery John F. Davis complimented the Governor’s forward-thinking vision, stating, “I am deeply honored to serve under Governor DeSantis and advance his mission to make Florida the leader in education. The Governor’s budget reflects a strong commitment to innovation, ensuring the Florida Lottery remains at the forefront of lotteries nationwide.”
In line with the Governor's vision, the proposed budget allocates substantial resources to propel the Florida Lottery into a new era of efficiency and service.
The Focus on Florida’s Future Budget provides funding for:
Strategic Technology Initiatives
Ticket Sales and Transfers to Education
Operational Enhancements
These investments will solidify the Florida Lottery’s position as a national industry leader. As a self-funded agency, the Lottery remains committed to its legacy of excellence in revenue generation for education through increased sales, while upholding fiscally conservative principles in its operations through technological and operational efficiencies.
ABOUT THE FLORIDA LOTTERY
The Florida Lottery is responsible for contributing more than $46 billion to enhance education and sending more than 983,000 students to college through the Bright Futures Scholarship Program. The Florida Lottery reinvests 99 percent of its revenue into Florida’s economy through prize payouts, commissions to more than 13,500 Lottery retailers, and transfers to education. Since 1988, Florida Lottery games have paid more than $94.2 billion in prizes and made more than 4,000 people millionaires. For more information, please visit www.floridalottery.com.
# # #
Play Responsibly
https://floridalottery.com/news/view?id=2024-06-governor-desantis-focus-on-floridas-future-budget-supports-the-lotterys-commitment-to-innovation-and-educational-excellence