Georgia Lottery profits total 1.14 billion for 2018

The Georgia Lottery Corp. transferred its fiscal year 2018 profits, a total of about $1.14, to the State Treasury’s Lottery for Education Account. The transfer marks the largest annual transfer on record, bringing the total funding raised for education programs to more than $19.8 billion during the 25-year history of the Georgia Lottery.

“Since 1993, the Georgia Lottery has funded critical education programs to prepare today’s students to succeed in the workforce of tomorrow,” said Gov. Nathan Deal. “By providing more than $19.8 billion of total funding for education, the lottery has given millions of our youngest learners a head start in their education while also keeping the best and brightest students in Georgia after high school.”

The Georgia Lottery celebrated its 25th anniversary in June, commemorating 25 years of funding Georgia’s HOPE Scholarship Program, Georgia’s Pre-K Program and capital outlay projects including technological upgrades for schools and universities across the state. More than 1.8 million students have received HOPE and more than 1.6 million 4-year-olds have attended the statewide, voluntary prekindergarten program.

“Our achievements are truly a team effort,” said Georgia Lottery President and CEO Gretchen Corbin. “We remain focused on our mission to maximize revenues for HOPE and Pre-K. We understand that our success means success for Georgia’s students, families and communities.”

This year marks the third consecutive year the Georgia Lottery has surpassed $1 billion in profits for education and the seventh consecutive year of growth in profits for education.

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