The Georgia Lottery Corp.’s fiscal year 2017 profit transfer to the state treasury’s Lottery for Education Account has totaled more than $1.1 billion, the largest in the lottery’s 24-year history, officials announced Tuesday.
The record transfer surpasses last year’s, which was boosted by a world-record $1.6 billion Powerball jackpot.
Georgia Lottery players won $2.74 billion in prizes in fiscal year 2017, and retailers earned more than $268 million in commissions.
Fiscal year 2017 spanned from July 1, 2016, through June 30, 2017.
The total raised for educational programs in the state of Georgia is more than $18.7 billion since the lottery’s inception in 1993.
All Georgia Lottery profits go to pay for specific educational programs, including the Hope Scholarship Program and Georgia’s Pre-K Program. More than 1.7 million students have received HOPE, and more than 1.4 million 4-year-olds have attended the statewide, voluntary pre-kindergarten program.