State Education Receives Nearly $1 Billion from Georgia Lottery

July 17, 2015|

Georgia lotteryGeorgia’s education fund increased by nearly $1 billion after the Georgia Lottery Corp. transferred money to it this week.

The lottery transferred $980.5 million to the Lottery for Education Account, $34.4 million more than the previous year.

As a result, the total raised for educational programs in the state of Georgia increased to more than $16.5 billion since the lottery’s inception in 1993.

“We are pleased to have raised more dollars for education than in any previous year,” said Georgia Lottery President and CEO Debbie Alford. “This would not have been possible without the support of our players, retailers, business partners and employees across the state.”

The lottery was also good to some of the players, with 67 people winning prizes of $1 million or more in fiscal year 2015.

All Georgia Lottery profits go to pay for specific educational programs, including Georgia’s HOPE Scholarship Program and Georgia’s Pre-K Program. More than 1.7 million students have received HOPE, and more than 1.3 million 4-year-olds have attended the statewide, voluntary prekindergarten program.

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