M
Mike_25
Guest
Most lottery revenue goes toward funding state programs, about 60-70% typically. The lion's share of that ends up in the state's general fund, supporting things like education, infrastructure, police, fire departments, you name it. A chunk also funds senior citizen programs and assistance.
A portion, maybe 20-30%, goes directly to funding education. Lotteries love to promote funding things like new school buildings, laptops for classrooms, scholarships for students, etc.
It's all a bit misleading though. While lottery funding accounts for a percentage of state budgets, those dollars simply replace other funds that get redirected. So dollars don't really "appear" out of thin air for things like schools. It's more dollar shuffling.
Some lotteries also return a bit to players in the form of bigger jackpots, more games, lower ticket prices. A small sliver, maybe 5-10% goes to vendors, retailers, and the lottery administration itself to run the whole shebang. Ultimately lottery winnings go to the state while the lottery itself generates revenue and profits. The money goes around but ends up in the same place: budget coffers to fund everything from schools to roads to kicks for retirees. But it makes for a good PR campaign to fund education, bolt that onto the machine.
A portion, maybe 20-30%, goes directly to funding education. Lotteries love to promote funding things like new school buildings, laptops for classrooms, scholarships for students, etc.
It's all a bit misleading though. While lottery funding accounts for a percentage of state budgets, those dollars simply replace other funds that get redirected. So dollars don't really "appear" out of thin air for things like schools. It's more dollar shuffling.
Some lotteries also return a bit to players in the form of bigger jackpots, more games, lower ticket prices. A small sliver, maybe 5-10% goes to vendors, retailers, and the lottery administration itself to run the whole shebang. Ultimately lottery winnings go to the state while the lottery itself generates revenue and profits. The money goes around but ends up in the same place: budget coffers to fund everything from schools to roads to kicks for retirees. But it makes for a good PR campaign to fund education, bolt that onto the machine.
