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You are here: Home / Soup Du Jour / Florida Lottery ends third quarter with best March on record

Florida Lottery ends third quarter with best March on record

Posted on April 4, 2017

$412 million in total contributions to education

The Florida Lottery ended the third quarter of fiscal year 2016-17 with record sales of more than $590 million for the month of March and total sales for the quarter exceeding $1.6 billion. Additionally, the Lottery experienced its best Scratch-Off month of all time with sales exceeding $433 million, leading to the best fiscal year quarter for Scratch-Off sales since the Lottery’s inception. The Lottery contributed more than $412 million to the state’s Educational Enhancement Trust Fund (EETF) during the third quarter.
“As we make the final push toward the end of the fiscal year, the Lottery remains committed to our mission of generating the most money possible to provide Florida’s students with the opportunity to receive a great education,” said Secretary Tom Delacenserie. “I’m extremely proud of the hard work and dedication our Lottery team has demonstrated this quarter.”
Over the past 29 years, the Florida Lottery has established itself as a dependable funding source for public education. For 15 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.

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Filed Under: Soup Du Jour Tagged With: best March on record, florida lottery, Third Quarter

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