TALLAHASSEE – As a new school year begins, the Florida Lottery today announced it has reached the $32 billion mark in contributions for the state’s Educational Enhancement Trust Fund.
“We are extremely proud of this achievement and what it means for Florida’s students and schools,” said Lottery Secretary Jim Poppell. “Under Governor Scott’s leadership, the Lottery is committed to doing everything we can to help ensure Florida’s children have the resources they need to compete in the new global economy; it all begins with a good education.”
Over the past 29 years, the Florida Lottery has proven itself to be a dependable funding source for education. For 15 consecutive years now the Lottery has transferred more than $1 billion to education, while remaining one of the most efficiently operated lotteries in the nation. The Lottery has also contributed more than $5 billion to the Bright Futures Scholarship Program, sending 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 administered by the Florida Department of Education.
The Florida Lottery is responsible for contributing more than $32 billion to education and sending more than 750,000 students to college through the Bright Futures Scholarship Program. The Florida Lottery reinvests 98 percent of its revenue back into Florida’s economy through prize payouts, commissions to more than 13,000 Florida retailers and transfers to education. Since 1988, Florida Lottery games have paid more than $52.4 billion in prizes and made more than 1,900 people millionaires. For more information, please visit www.flalottery.com.