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Florida Lottery's total contribution to state reaches $17 billion

Florida LotteryFlorida Lottery: Florida Lottery's total contribution to state reaches $17 billion

In the 19 years since Florida voters approved a constitutional amendment authorizing a Lottery to to benefit education, more than $17 billion dollars has been contributed to Florida's educational system.

Governor Charlie Crist applauded the milestone and noted that in fiscal year 2005-06, with record lottery sales reaching $3.93 billion, the Lottery was able to contribute $1.22 billion to public education, making 2006 the fourth consecutive year with transfers of more than $1 billion to the Educational Enhancement Trust Fund.

The annual contributions help with such things as school construction and expansion, student mentoring and the Bright Futures Scholarship Program.Through this support, more than 600 public school construction projects have been funded and more than 300,000 Bright Futures Scholarships have been awarded.

"The Florida Lottery has once again had a banner year, generating additional funds for Florida's public education," Crist said. "With the money the Florida Lottery continues to contribute, we will be closer to reducing class sizes in public schools and increasing funding for state universities and community colleges"

In addition, Lottery funds — through the Bright Futures Scholarship Program — will also help provide thousands of high school seniors the means to further their education, Crist said.

On March 25, Floridians can see the details of the Lottery's contributions by reading the insert in their local newspapers. The report will include details about how the lottery funding is distributed among Florida's 67 county school districts.

"We are extremely proud of this accomplishment, yet we are more committed than ever to continuing our mission of maximizing profits for the enhancement of education in Florida," said Florida Lottery Secretary Leo DiBenigno. "To do this, it is important that we recognize and thank those helping us achieve the goals set forth by the Florida Legislature: the Lottery's millions of players, as well as our 13,000 retailers, business partners and dedicated employees."

Over the next two weeks, the Florida Lottery's 213 billboards will reflect the new $17 billion milestone.

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2 comments. Last comment 10 years ago by BobP.
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Honduras
Member #20982
August 29, 2005
4715 Posts
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Posted: March 22, 2007, 4:24 pm - IP Logged

That is wonderful news....17 Billion dollars to education...That's great...Wish it was the same for the rest of the country...I think lottery money should go solely to education and not to sponsor other causes....I also wish that that number (17 Billion dollars) or more were contributed to education across the country, and not the 1 billion dollars that lot of states give....

But i still feel that the tickets that go unclaimed should be used for a sweepstakes, free and that way you are giving people the oportunity to have a shot at the jackpot....

 

 

"Laura Simpson from Great Lakes, Illinois deserves to be rich...."          "She is so rare...."

    BobP's avatar - bobp avatar.png
    Dump Water Florida
    United States
    Member #380
    June 5, 2002
    3104 Posts
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    Posted: March 26, 2007, 1:53 am - IP Logged

    Sounds real good, 17 billion dollars going to Florida education until you learn that for every dollar the lottery contributes to education the state deducts a dollar from what they put into education.  The lottery has made zero difference to Florida education unlike Georgia where the money goes to collage scholarships that would not otherwise be available.  The Florida lottery is just a tax, the Georgia lottery directly helps students.  BobP