Education

“B” is for the 2016 Georgia lotto proceeds, as in “big” and “billion”

By Ty Tagami
July 20, 2016

Georgia’s lottery program just hit the big one, transferring more than $1 billion to public education for the first time in its 23-year history.

The announcement from Gov. Nathan Deal’s office Wednesday says $1.09 billion in fiscal year 2016 profits that have been delivered to the state treasury for education by Georgia Lottery Corp. surpassed last year’s record-setting amount by $117 million.

The proceeds fund the HOPE Scholarship, the Georgia Pre-K Program and capital outlay projects including technological upgrades for schools and universities.