The Missouri Lottery transferred $24.1 million in profits to the Lottery Proceeds Fund for public education. The September transfer of $24,143,370 is based on sales in August, and it brings the total for FY17 to more than $72.4 million.
Since Missouri Lottery sales started in 1986, the Lottery has generated more than $5.5 billion for the state and public education. Annual Lottery proceeds comprise about 4 percent of the state’s funding for public education – an effort shared by local, state and federal governments.
Programs funded in FY17 include the A+ Scholarship Program, the Foundation Program, and Access Missouri, among many others. For complete information about Missouri Lottery proceeds, including maps of proceeds by program and by county, see the “Where the $ Goes” section at MOLottery.com.
In addition to providing funds for public education, the Lottery also benefits the state by collecting state taxes on prizes of more than $600. During FY16, the Lottery added $5.9 million in state tax collections from prize winnings to the General Revenue Fund.