• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About
  • Advertise
  • Submit News
  • Contact Us

Capital Soup

Florida News Straight From the Source

  • Featured
  • Leaders
  • Government
  • Industry
  • Education
  • Opinion
You are here: Home / Featured / Florida Lottery sets new March record for contributions to education

Florida Lottery sets new March record for contributions to education

Posted on April 24, 2017

Second Highest Month in History

The Florida Lottery today announces a new March record of $156 million in contributions to the state’s Educational Enhancement Trust Fund (EETF); bringing the Lottery’s total contributions to education for fiscal year 2016-17 to $1.2 billion with three months remaining in the current fiscal year. This marks the 15th consecutive year that the Lottery has generated more than $1 billion for Florida’s students and schools.
“The Lottery’s sole mission is to generate funds for students and schools in Florida, but we could not reach these remarkable contributions without the support of our dedicated players and loyal retailers,” said Florida Lottery Secretary Tom Delacenserie. “Every time someone purchases a Florida Lottery product, from the panhandle to the keys, they’re contributing to education in Florida and that truly is a win for everyone.”
This transfer marks the largest contribution to the EETF this fiscal year, and the second largest single-month contribution to the EETF in Lottery history behind January 2016 when transfers reached $238 million during the world-record $1.58 billion POWERBALL jackpot.
Over the past 29 years, the Florida Lottery has established itself as a dependable funding source for public 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.

Share this article! Share on FacebookShare on Twitter

Filed Under: Featured Tagged With: contributions to education, florida lottery, new record

Primary Sidebar

    Submit News    

Governor Ron DeSantis Announces More Than $6.4 Million to Florida Small Businesses Impacted by Hurricane Idalia Through the Emergency Bridge Loan Program

Governor Ron DeSantis today announced more than $6.4 million has been approved through the Florida Small … [Read More...] about Governor Ron DeSantis Announces More Than $6.4 Million to Florida Small Businesses Impacted by Hurricane Idalia Through the Emergency Bridge Loan Program

Governor Ron DeSantis Announces $338 Million in Awards to Communities Impacted by Hurricane Ian

Governor Ron DeSantis today awarded $338 million in state funding … [Read More...] about Governor Ron DeSantis Announces $338 Million in Awards to Communities Impacted by Hurricane Ian

Commissioner Wilton Simpson Announces Florida Agricultural Losses Estimated at Over $447 Million Following Hurricane Idalia

Commissioner of Agriculture Wilton Simpson today announced the Florida Department of Agriculture and Consumer … [Read More...] about Commissioner Wilton Simpson Announces Florida Agricultural Losses Estimated at Over $447 Million Following Hurricane Idalia

Keep in Touch

  • Email
  • Facebook
  • Twitter

Newsletter signup

Stay in the loop! Subscribe to our weekly newsletter to receive a brief recap of the week's most popular stories.

Footer

News

  • Featured
  • Leaders
  • Government
  • Industry
  • Education
  • Opinion

About Us 

  • About
  • Advertise
  • Submit News
  • Contact Us

Keep in Touch

  • Email
  • Facebook
  • Twitter

Copyright © 2021
Terms & Conditions

© Copyright 2023 Capital Soup · All Rights Reserved ·