2021-01-15 16:10:37.42 Missouri Lottery Generates $32.4 Million in Monthly Profits for Education
2021-01-15 16:10:37.42
More than $32.4 million in profits from the sale of Missouri Lottery tickets in December have been sent to the Lottery Proceeds Fund for public education. The transfer of $32,457,059 brings the total for FY21, which began July 1, to more than $213.9 million.
Lottery proceeds make up approximately 3-4% of the state’s funding for public education – an effort shared by local, state and federal governments.
In FY20, the Lottery generated $333 million for vital education programs, including A+ scholarships. Complete information about Missouri Lottery proceeds, including the specific programs benefited in each county, can be found in the “Where the Money Goes” section at MOLottery.com.
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