Introduction
The California Lottery continues to be a significant financial supporter of the state’s educational system, providing crucial funding for schools across the state.
Story Highlights
In 2024, the California Lottery raised an impressive $2.25 billion for public schools, bringing its total contribution to $46 billion since its inception in 1985. This marks the third consecutive year of generating over $2 billion for education. The lottery’s fiscal year 2023-24 sales reached $9.27 billion, surpassing the previous year’s record.
Funding Impact
Lottery funds are discretionary, allowing school districts to use the money for various purposes such as:
- Supplementing general fund budgets
- Attracting and retaining teachers
- Funding after-school programs
Conclusion
The California Lottery demonstrates a consistent and meaningful contribution to the state’s educational funding, providing critical financial support to schools across California.