Florida Lottery Increased Education Funding By $130 Million

The Associated Press

TALLAHASSEE, Fla. (AP) — A new report says education proceeds from the Florida Lottery increased by $130 million, or nearly 11 percent, in the last budget year.

The annual audit by the Legislature’s Office of Program Policy Analysis & Government Accountability on Friday also suggested some options for increasing those returns.

The Lottery transferred $1.3 billion to the Educational Enhancement Trust Fund in the budget year ending June 30. State economists are estimating a more modest increase of $48 million for the current budget year.

The report notes Florida is one of only two lottery states that doesn’t participate in the multi-state Mega Millions game. California is the other but has announced plans to join.

Other options include on-line ticket sales and a draw game called fast keno often played at bars and restaurants.

Copyright 2013 The Associated Press.

Comments

More From CBS Tampa

Wednesday's Work-Out of the DayMix things up with our weekly work-out ideas!
Tampa Considers Food Donations to Pay Off Parking TicketsLooking for a way out of a parking ticket? Donate some canned goods to a food bank.
%d bloggers like this:

Listen Live