Missouri Lottery Generates $24.8 Million in Monthly Profits for Education

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Jefferson City, MO (STL.News) Profits from Missouri Lottery ticket sales in April have been sent to the Lottery Proceeds Fund for public education.  The transfer of $24,896,634 brings the total for FY20, which began July 1, 2019, to more than $278.5 million.

Prior to each fiscal year, the Lottery averages the most recent five years’ profits for a “benchmark” and increases that amount by 1% to arrive at a prudent goal for the next fiscal year.

For complete information about Missouri Lottery proceeds, including the specific programs benefited in each county, see the “Where the Money Goes” section at MOLottery.com.



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Editor is St Louis Media, LLC (STLM). STLM is a web hosting, design, SEO, press release distribution company and news agency located in St. Louis, Missouri. We own and operate multiple news sites in the region. Our objective with STLNewsMissouri.com is to offer readers a one-stop news site for Missouri news. We aggregate news from news media across the state. We do not aggregate news from all sources. We pick from those that offer RSS feeds and pick the best with eliminating those that might produce the same news stories, written differently.
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