Missouri Lottery News: Lottery Generates $27 Million in Monthly Profits for Education

Jefferson City, MO (STL.News) – Profits from Missouri Lottery ticket sales in July were sent to the Lottery Proceeds Fund for public education today. The August transfer of $27,091,430 brings the total for FY20, which began July 1, to more than $51.8 million.

Prior to each fiscal year, the Lottery averages the most recent five years’ profits for a “benchmark” and increases that amount by 1 percent 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.