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Jul 28, 2022 · 0:54. The current Mega Millions jackpot is the second largest in history, soaring to $1.28 billion following the July 26 drawing. So, where does lottery prize money come from? The simple answer is ...
Where does the money for the lottery go? Lottery funding and money for schools, winners and employees.
Mar 31, 2012 · Overall, 27 states earmark some or all lottery revenue for education. In Colorado, the dollars go to environmental protection; in Pennsylvania, senior citizen programs; and in Kansas, some of the ...
Where Does the Illinois State Lottery Money Go? In its history, most of the revenue from the Illinois State Lottery, 65 cents of each $1, goes to prizes. Another 10 cents per dollar is reserved for commissions, bonuses, and operating expenses. That leaves 25 cents available for state funds, including the Common School Fund.
After 35 years and nearly $1.3 billion in proceeds, Idahoans know their lottery dividends benefit public education. During the 2024 legislative session, the Idaho Legislature passed Governor Little’s plan for historic school investment and property tax relief for Idaho’s citizens that ensures lottery proceeds will continue making meaningful ...
Jul 1, 2016 · The general fund over the past 35 years has received $1.7 billion. In fiscal 2015, $72 million — 9.7 percent of the lottery's $750 million in annual revenue — went directly to programs touted ...
Every time you play the lottery, it's a win for Michigan. Each purchase benefits K-12 education, local businesses, and companies that employ Michigan residents. Michigan Lottery contributed more than $1.3 billion to the state of Michigan School Aid Fund in fiscal year 2023 (FY23). For every $1 spent on Lottery during FY23, 61 cents went to ...
