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TALLAHASSEE, Fla. (WFLA) — The Florida Lottery is celebrating a milestone this week, asserting they surpassed $48 billion in contributions to the state’s training fund, generated from lottery gross sales.
Since 1988, the state’s Academic Enhancement Belief Fund has supported instructional alternatives, enhanced scholar success, and strengthened Florida’s workforce.
Simply shy of $50 billion, the income has allowed this system to offer entry to greater training and tutorial and monetary help for these attending any Florida faculty.
The Florida Lottery has additionally performed a major function in sending these college students pursuing greater training with the Brilliant Futures Scholarship, with greater than $9.2 billion allotted to this system. Within the 2023-2024 fiscal yr, greater than $606 million was generated for this scholarship.
“We’re excited to have fun this outstanding achievement,” Secretary of the Florida Lottery John F. Davis mentioned. “The funds generated by the Florida Lottery will help the development of latest school rooms, the enhancement of applied sciences, and can present helpful scholarships. These investments are important in shaping the way forward for our state and making certain that each scholar has the chance to achieve their full potential.”
The Florida Lottery has additionally contributed greater than $17 billion to help public colleges all through the state, together with Ok-12 applications and development and $12 billion to public schools and universities.