Thanks to larger Powerball and Mega Millions jackpots in December, the Missouri Lottery’s latest transfer reportedly is more than $29 million to the Lottery Proceeds Fund for public education.
A news release says this monthly transfer of $29,158,559 is based on all December sales, bringing the total profits transferred in FY18 to more than $181.5 million.
Since Missouri Lottery sales started in 1986, the Lottery reportedly has generated more than $5.8 billion for the state and public education. Annual Lottery proceeds comprise about four percent of the state’s funding for public education – an effort shared by local, state and federal governments.
Programs currently funded in FY18 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 Money Goes” at the website, www.molottery.com.