The Georgia Lottery just transferred over $1.2 billion to the state’s education fund

July 12, 2019
1 min read
The Georgia Lottery just transferred over $1.2 billion to the state's education fund

The Georgia Lottery has transferred the largest amount of money this year to education than in any other year in the lottery’s history according to Gov. Brian Kemp’s office.

Kemp is proud to announced today that the Georgia Lottery has transferred its 2019 profits totaling more than $1.2 billion into the State Treasury’s Lottery for Education Account, marking the largest annual transfer in the Georgia Lottery’s 26-year history.

As of now, the total funds raised for education by the lottery amounts to more than $21 billion.

“Over the years, the Georgia Lottery has afforded countless educational opportunities for families, providing our children with strong early learning foundations and keeping our best and brightest high school students in state through scholarship funding,” Kemp said. “Today’s announcement represents a record-breaking investment in our students, workforce, and economy.”

Georgia Lottery profits are funding specific education programs, including Georgia’s HOPE Scholarship Program and Georgia’s Pre-K Program. More than 1.8 million students have received HOPE, and more than 1.6 million four-year-olds have attended the statewide, voluntary pre-kindergarten program.

“Our success is a team effort that benefits all Georgians,” Georgia Lottery President and CEO Gretchen Corbin said. “We appreciate the support of Governor Kemp and the legislature, the leadership of our board of directors, the dedication of our employees, retail partners and business partners, and the enthusiasm of our players.”

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

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