Florida Lottery Increased Education Funding By $130 Million
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.