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Idaho Lottery pays out $26M dividend to schools

Idaho LotteryIdaho 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.

KTVB

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3 comments. Last comment 11 years ago by CASH Only.
Page 1 of 1

United States
Member #379
June 5, 2002
11296 Posts
Offline
Posted: March 16, 2006, 9:34 am - IP Logged

Why doesn't ID have Hot Lotto? ID used to have a pick-5 called "Hot Lotto".

    LOTTOMIKE's avatar - cash money.jpg
    Tennessee
    United States
    Member #7853
    October 15, 2004
    11338 Posts
    Offline
    Posted: April 1, 2006, 8:42 am - IP Logged

    anything that helps schools and education is good......


      United States
      Member #379
      June 5, 2002
      11296 Posts
      Offline
      Posted: April 1, 2006, 11:19 am - IP Logged

      anything that helps schools and education is good......

      Does it go DIRECTLY to education? In NY it doesn't.