Georgia Lottery education proceeds increase
ATLANTA, GA – Georgia Lottery officials announced this week an increase in profits for the latest fiscal quarters, spanning from July 1st 2011 to December 31st 2011. Officials said that the proceeds to education for this period increased to $418,534,000, more than $7.4 million ahead of the first half of the previous fiscal year.
The first half of the fiscal year 2012 and the Georgia Lottery`s first-half transfer to the Lottery for Education Account brings the total amount raised for educational programs in the state to $13 billion plus since the lottery`s inception in 1993.
All Georgia Lottery profits go toward payment for specific educational programs, including the HOPE Scholarship Program and Georgia`s Pre-K Program.
More than 1.3 million students have received HOPE Scholarships and more than 1.1 million four year olds have attended the statewide, voluntary pre-kindergarten program.
Published: January 26, 2012
