Missouri State Treasurer Scott Fitzpatrick is reminding Missourians to enter the MO Money Sweepstakes before June 4.
According to Fitzpatrick, the sweepstakes will give away $100,000 in MOST 529 contributions, with the first drawing Friday, May 15, and the final drawing June 4.
Fifty scholarships will be awarded- 25 $529 scholarships, 10 $1,000 scholarships, and 15 $5,029 scholarships. This is the largest sweepstakes in the program’s 20-year history.
MOST, Missouri’s 529 Education Plan, is a tax-advantaged savings plan for education expenses. Money in MOST accounts can be used to pay for K-12 tuition and trade, college and graduate-school tuition and expenses. Contributions are eligible for state tax deductions, which can save families up to $864 a year, and assets in MOST 529 accounts grow tax free.
No purchase is necessary. Participants must be at least 18 years old and a Missouri resident.
Missourians can enter online at mostsweeps.com.