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Mo. Lottery sets record for monthly school payment

Mo. Lottery sets record for monthly school payment

April 9th, 2012 in News

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.