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Published: February 23, 2025

New Mexico Lottery ticket sales fund scholarships for students

Many people are familiar with the Powerball and other New Mexico Lottery games. However, did you know that 100% of the net proceeds from New Mexico Lottery ticket sales fund the Legislative Lottery Scholarship?

Since 1996, more than 149,000 students from across New Mexico have attended a state college, university, or technical college with the help of the Legislative Lottery Scholarship. Every dollar spent on a lottery ticket goes toward the scholarship funds.

To receive the Legislative Lottery Scholarship, you will need to enroll full-time at a New Mexico public college or university within 16 months of high school graduation or completion of a GED or homeschool certificate. Students will also have to maintain a 2.5 GPA. It also begins automatically the 2nd semester.

Students should reach out to their public post-secondary institutions’ Financial Aid Dept for eligibility verification.

https://www.krqe.com/new-mexico-living/new-mexico-lottery-ticket-sales-fund-scholarships-for-students/