Billions of lottery dollars donated to EETF – May 19th 2011

  by: admin - Category:

Gamers keen to see some of their money go to good causes will no doubt be pleased to hear that the Florida Lottery has been making monthly transfers to the Educational Enhancement Trust Fund (EETF).

In fact, its contributions to date total $22 billion, with $1.247 billion provided to the organisation in the financial year 2009 to 2010.

Voters in Florida approved a piece of legislation back in 1986 allowing the state to set up a lottery with the aim of generating additional cash for education.

Since then, funding has been provided to scholastic programmes in the state’s 67 school districts, with Cynthia O’Connell of the Florida Lottery saying: “The Lottery will continue to focus on maximising revenues for education while providing quality entertainment to our players.”

The Bright Futures Scholarship Program has also benefited, set up in 1997 to help students pursue higher education and attain their career goals. Since it was established, the lottery has provided over $3.2 billion in funding, sending over 500,000 people to college.

What would you like to see lottery money used for?