Georgia Lottery transfers record-breaking $1 billion for education

Testingfg of Ads


The Georgia Lottery has transferred $1,097,567,000 to the State Treasury’s Lottery for Education for the 2016 fiscal year. The amount is the largest transfer in a single fiscal year and the greatest in the lottery’s 23-year history, officials announced.

“We appreciate the commitment from our dedicated lottery and COAM retailers, players, vendor partners and employees. We are grateful to our board of directors for their leadership and guidance,” said Debbie D. Alford, president and CEO of the Georgia Lottery. “We’re proud to have reached the extraordinary milestone of raising over $1 billion for HOPE and Pre-K.”

Profits transferred surpass last year’s record transfer by more than $117 million.

Georgia Lottery players won $2.75 billion in prizes in FY16, and retailers earned over $270.7 million in commissions.

Fiscal year 2016 spanned from July 1, 2015 through June 30, 2016.

The total raised for educational programs in the state of Georgia is more than $17.6 billion since the lottery’s inception in 1993.

“Educational programs funded by the lottery continue to lay the groundwork for Georgia’s evolving and growing workforce,” Gov. Nathan Deal said. “FY 2016’s record-breaking profits will continue to help each child in Georgia attain a quality education from start to finish.”

Since its first year, the Georgia Lottery Corp. has returned more than $17.6 billion to the state of Georgia for education. All Georgia Lottery profits go to pay for specific educational programs, including Georgia’s HOPE Scholarship Program and Georgia’s Pre-K Program. More than 1.7 million students have received HOPE, and more than 1.4 million 4-year-olds have attended the statewide, voluntary prekindergarten program.

On Common Ground News

Leave a Reply

Your email address will not be published. Required fields are marked *

Testingfg of Ads

About us

On Common Ground News is published daily by On Common Ground, Inc (OCGNEWS.COM). The newspaper serves DeKalb, Gwinnett, Rockdale and Metro Atlanta.

The opinions expressed by writers and contributors are not necessarily those of the publisher or the newspaper’s advertisers.

No portion of this newspaper may be reproduced in any form without the written permission of the publisher.

We reserve the right to reject material and advertisements we deem inappropriate.

On Common Ground News
P.O. Box 904
Lithonia, GA 30058

(770) 679-5607

Latest News

Select list(s) to subscribe to

By submitting this form, you are consenting to receive marketing emails from: On Common Ground News, 1240 Sigman Road, Conyers, GA, 30012, You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact