The Florida Lottery Reaches Major Milestone in Contributions to Education
More Than $40 Billion Generated in 33 Years!
TALLAHASSEE, Florida (September 8, 2021) – The Florida Lottery announces today its latest transfer to the state’s Educational Enhancement Trust Fund (EETF) has brought its life-to-date education contributions to more than $40 billion over the past 33 years! So far in the fiscal year 2021-22, the Lottery has averaged more than $5.6 million a day in contributions to education.
“This is a tremendous accomplishment in our mission to enhance education in Florida,” said Florida Lottery Secretary John F. Davis. “I fully believe that a solid education is the foundation to a successful life and the work we do every day at the Lottery provides vital support for all students – from the first day of kindergarten to college graduation. We remain steadfast in our focus to provide Floridians the best Lottery games available so that we can continue to create lasting educational opportunities for students to pursue their dreams of a brighter future.”
Since the Lottery’s inception, Florida’s public schools have received more than $21.2 billion, while colleges and universities have received a combined total of more than $10.5 billion. Additionally, more than $6.8 billion has been used to fund the Bright Futures Scholarship Program, which has enabled more than 880,000 students to attend college since 1997.
The benefits of these Lottery dollars flow from community to community – from the Panhandle to the Keys. Since 1988, the Lottery has established itself as a committed and dependable funding source for public education, contributing more than $1 billion annually for the past 19 consecutive years while remaining one of the most efficiently operated Lotteries in the country.
ABOUT THE FLORIDA LOTTERY
The Florida Lottery is responsible for contributing more than $40 billion to education and sending more than 880,000 students to college through the Bright Futures Scholarship Program. The Florida Lottery reinvests 99 percent of its revenue back into Florida’s economy through prize payouts, commissions to more than 13,000 Lottery retailers, and transfers to education. Since 1988, Florida Lottery games have paid more than $77.6 billion in prizes and made more than 3,000 people millionaires. For more information, please visit: www.flalottery.com.
SOURCE: Florida Lottery Communications.Tags: Florida Lottery