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Raising billions to educate millions!
New York Lottery
Raising billions to educate millions!
 
Mission for Education 
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Where the Money Goes County By County Distribution
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Where the Money Goes

The New York Lottery contributed nearly $2.54 billion in fiscal year 2008-09 to help support education in New York State, over 12 percent of total state education funding to local school districts. The Lottery’s ongoing commitment to education also includes the awarding of more than 1,100 Leaders of Tomorrow (LOT) Scholarships annually to high school students pursuing their higher education in New York State. Since the program’s inception in 1999, the Lottery has awarded more than 10,300 scholarships. The New York Lottery continues to be North America’s largest and most profitable Lottery, earning over $36.7 billion in education support statewide since its founding over 40 years ago.

Here is a complete copy of the New York Lottery Audited Financial Statements for Fiscal Year 2008-09.

The following information is based on unaudited figures for FY 2008-09.

 

Traditional Lottery Sales Allocation
$6.69 Billion in Traditional Sales
(Click here to view PDF)

Video Gaming Net Win Allocation
$965 Million in Video Lottery Net Win
Credits Played $11.664 Billion
Credits Won     $10.699 Billion
                             $965 Million
(Click here to view PDF)

 

 

Where Schools Get Their Money 

  As of July 2008 for 2007 School Year

 Local Taxes 46% $ 22.92 Billion 
 State Sources
 (Other than Lottery)
39% $ 19.23 Billion 
 New York Lottery 5% $ 2.36 Billion*
 Federal Sources 6% $ 2.75 Billion 
 Other Local Revenue
  and Transfers
4% $ 2.18 Billion 


Based on data provided by the State Education Department in 2008. The 2008 data coming soon.

 

Where do schools get their money
School Year Ended 2007
(Total $49.44 billion)

The above data is from the State Education Department's Revenue Table 60

 

 
Where does money go
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