The Illinois Lottery has revealed that a record $731m will be distributed to the state’s Common School Fund for the fiscal year ended 30 June 2019.
The contribution for the year is 2 per cent higher than the previous year’s $719m return.
In addition to the funds generated for K-12 public education in Illinois, the lottery also transferred $4m for specialty causes, including Illinois veterans’ services, the fight against breast cancer, multiple sclerosis research, Special Olympics training programs, police memorials and assistance for people living with HIV/AIDS.
“The Illinois Lottery’s mission is to maximize revenue in an ethical and socially responsible manner to benefit schools, capital projects and specialty causes,” said Illinois Lottery acting director Harold Mays. “To that end, the Illinois Lottery has contributed more than $21bn in revenue to help fund education in Illinois and hundreds of millions of dollars more for capital projects.
Continuing to support local businesses across Illinois, the lottery paid $165m in commissions and selling bonuses to the more than 7,200 lottery retailers. The lottery also paid $1.9bn in prizes to winners across the state.
“Generating record funding for the State of Illinois’ Common School Fund is a fantastic achievement,” said Wayne Pickup, CEO of Camelot Lottery Solutions, the private manager of the Illinois Lottery since 2018. “Our mission is to engage players, grow lotteries and benefit communities. When players are engaged lotteries grow and local communities benefit.
“The record contribution for education funding in Illinois in FY19 is proof positive of that simple yet powerful strategy working. Congratulations to the Illinois Lottery.”
The lottery currently generates more than $14m each week to benefit schools, capital projects and speciality causes, and pays out more than $5m in prizes every day.