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$2.3 billion to education last year!
New York Lottery
$2.3 billion to education last year!
 
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EOW
Where does the money go?
Where the Money Goes County By County Distribution
Where the Money Goes

  Fiscal Year 2006 - 2007 
  Lottery Revenue Dollar Allocation

 Prizes 54.7% Over $3.9 Billion 
 Aid to Education 32.9% $2.358 Billion*
Commissions for Traditional Lottery Facilities 5.5% $398 Million 
Commissions for Video Gaming Facilities 2.7% $197 Million 
 Contractor Fees/
 Other Direct Expenses
2.2% $157 Million 
 Other Operating Expenses 2.0% $142 Million 

Here is a complete copy of the New York Lottery Audited Financial Statements for Fiscal Year 2006-07

The following pie charts are based on unaudited figures in FY2007-08. They are subject to change slightly when a final audit is concluded by the end of June, 2008.

Where do Lottery Sales Go?
FY 2007-08 (all games)


Traditional Lottery Division of Sales Dollars
FY 2007-08
Total $6.6738 Billion


Video Lottery Gaming Division of Credits Played
FY 2007-08
Total $10.683 Billion


New York Lottery Division of Net Machine Income ($875.3 Million)
FY Ended March 31, 2008

 

Where Schools Get Their Money 

  As of July 2007 for 2006-07 Claim Year

 Local Taxes 46.8% $ 21.69 Billion 
 State Sources
 (Other than Lottery)
37.7% $ 17.46 Billion 
 New York Lottery 5.1% $ 2.36 Billion*
 Federal Sources 6.1% $ 2.84 Billion 
 Other Local Revenue
  and Transfers
4.2% $ 1.96 Billion 


Based on preliminary data provided by the State Education Department in July 2007. Updated figures are coming soon.

 



*Since 1967, the New York Lottery has earned $31 billion to support education statewide, including $2.3 billion in fiscal year 2006-2007.  The amount of funds disbursed by the education department, under the state budget process, is based upon the estimated Lottery earnings at the time of budget passage.  In the event Lottery earnings exceed budget estimates, those additional funds become part of the next year's Lottery aid distribution.

Lot Recipients Western Region students receive their 2007 Leaders of Tomorrow Scholarship
EOW Teachers WETM and The Lottery award teachers as 2007 Educators of the Week
NYC LOT New York City Region students receive their 2007 Leaders of Tomorrow Scholarship
EOW Teachers WNYT and The Lottery award teachers as 2007 Educators of the Week
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