Georgia Lottery transfers $1.23B for education in fiscal year 2020

The Georgia Lottery collected $30 million more for education in fiscal year 2020 than the previous fiscal year despite the economic downturn caused by the response to the COVID-19 pandemic.

Under the Georgia Lottery Act for Education, net proceeds from the Georgia Lottery help support educational programs in the state.

[…] A little less than a quarter – 24 percent – of lottery revenue supports education, 60 percent is used to pay prizes, and the remaining 16 percent pays retailer commissions, administrative costs, and other miscellaneous expenses, according to the Georgia Budget & Policy Institute (GBPI).

Read the full article at the Center Square. 

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