Mo. Lottery sets record for monthly school payment
Monday, April 9, 2012
JEFFERSON CITY, Mo. (AP) — The Missouri Lottery has set a monthly record for the amount of money it transfers to education.
The lottery says it transferred more than $30 million to public schools from March ticket sales, breaking the previous record of $29 million set last September.
Lottery Director May Scheve Reardon attributes part of the increase to sales for a record-high Mega Millions jackpot. She says the state also had record sales for its Scratchers games.
The majority of lottery revenues go toward prizes. But Missouri law directs a portion to public schools through the state budget. Lawmakers this year are considering whether to increase the amount of lottery revenues used in the budget.