Another Milestone in Revenue Generated for Education
The Florida Lottery today announced that its latest transfer to the state’s education trust fund brings its life-to-date education contributions to more than $31 billion.
“This milestone would not have been possible without the support of our loyal players, dedicated retailers and hardworking Lottery staff,” said Florida Lottery Secretary Tom Delacenserie. “The Lottery will continue working hard every day to advance our mission of maximizing contributions to education in a manner that is consistent with the dignity and integrity of the state.”
Over the past 29 years, the Florida Lottery has established itself as a dependable funding source for public education. For 14 consecutive years the Lottery has transferred more than $1 billion to education, while remaining one of the most efficient lotteries in the nation. Additionally, the Lottery has contributed more than $5 billion to the Bright Futures Scholarship Program to send over 750,000 students to college.
Florida Lottery contributions represent approximately six percent of the state’s total education budget. Lottery funds are appropriated by the Florida Legislature and are administered by the Florida Department of Education.