Idaho Lottery: Idaho Lottery pays out $26M dividend to schools
Since 1989 Idahoans have bought $1.3 billion worth of lottery tickets and scratch games in hopes of hitting the big jackpot.
Tuesday, the Idaho Lottery Commission announced another winner — Idaho's schools.
In its 2005 fiscal report, the lottery commission reports a record-setting dividend last year that saw $26 million go to Idaho's public schools and buildings.
That money was divided among the state's 114 school districts, and paid for the completion of 82 projects.
In 2005, Ada County schools received more than $2 million, while Canyon County schools received just over $1 million.
Idaho charter schools received just over $209,000.
Most of the money was used for repairs and upgrades.
According to the lottery commission, 60 percent of any ticket sold goes to pay for prizes, while just over 22 percent goes to the school dividend.