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Oct 4, 2021 · In New York State alone, 2020 lottery ticket sales totaled nearly $10 billion. So, where does lottery money go if it doesn’t all go into the prizes? You can feel good knowing that lottery revenues by state fund worthy causes in 47 states nationwide. While 50-60% of lottery funds end up in winners’ pockets in the form of lottery prizes, the ...
where does the money go? 4 5 % 5 % TE A CHER ’ S RETIREMENT SY S TEM 5 % SCHOOL C ONSOLI D A TION FUND 5. 5 % OK L AHOMA C AREER T E CH 3 9 . 5 % OK L AHOMA HIGHER EDU C A TION 45% K-12 PUBLIC EDUCATION 5% TEACHER’S RETIREMENT SYSTEM 5% SCHOOL CONSOLIDATION FUND 5.5% OKLAHOMA CAREER TECH 39.5% OKLAHOMA HIGHER EDUCATION
Jan 12, 2023 · Mega Millions lottery: Where does lottery money go in different states? The Mega Millions' estimated jackpot has increased to a total of $1.35 billion — the second-largest jackpot in the game's ...
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Sep 5, 2006 · Southwestern's total share of bond money was $12 million. Summer lottery sales lag. Education gets 30 percent from each lottery ticket sold. So, for the state to collect its projected $117.7 million share this year, sales must average $7.5 million per week. For the first eight weeks of this fiscal year, the actual average was $4.2 million.
Aug 9, 2023 · In Oklahoma, lottery winnings are subject to both state and federal income taxes. Oklahoma has a 4.75% state tax withholding, so the winner of the $170 million jackpot would receive about $162 million dollars after tax, while a winner of a 1k-Scratcher would rake in a little over $952. According to the Oklahoma Lottery website, winners can ...
The Oklahoma Lottery makes every effort to ensure the accuracy of information provided on this website. In the event of any conflict between the winning numbers posted on this website and winning numbers as contained in the Oklahoma Lottery gaming system, the winning numbers as drawn and as contained in the gaming system will be treated as official.
Oct 22, 2018 · For this latest doozy of a Mega Millions jackpot, there are 44 states and two territories -- D.C. and the U.S. Virgin Islands -- that participate, and in a way, they're all winners, according to ...
