The Georgia Lottery Corp. recently announced that it raised $1,516,383,000 for education in the Peach State during fiscal year 2023 (FY23), which spanned from July 1, 2022, through June 30, 2023.
FY23’s numbers exceed the total amount raised by the lottery in FY22, which was $1,474,003,000.
All profits leftover from lottery ticket sales go to pay for specific educational programs, including Georgia’s HOPE program – which includes the HOPE Scholarship, HOPE Grant, Zell Miller Scholarship, Zell Miller Grant, and HOPE Career Grant – and Georgia’s Pre-K Program. More than 2.1 million students in the Peach State have received HOPE, and more than 2 million 4-year-olds have attended the statewide, voluntary prekindergarten program, according to the lottery’s website.
“The Georgia Lottery’s achievements over the past 30 years have provided opportunities to millions of students and families through the HOPE and Pre-K programs,” Georgia Governor Brian Kemp said in a statement. “These incredible fiscal year results are yet another example of how beneficial the lottery is in building a skilled, well-educated workforce worthy of the No. 1 state for business.”
FY23 marks the eighth consecutive year that the lottery has surpassed $1 billion in profits for Georgia’s HOPE and Pre-K Program.
“Our success in FY23 is attributed to the support of many, including Governor Kemp, the legislature, our board of directors and advisory boards, as well as lottery retailers, vendors, partners, employees and players,” Georgia Lottery President and CEO Gretchen Corbin said in a statement. “With all Georgia Lottery profits benefiting HOPE and Pre-K, these strong results ensure that Georgia’s students and families in every county remain our biggest winners.”
The Georgia Lottery recently celebrated its 30th anniversary at the Georgia State Capitol, as previously reported by The Georgia Star News. Since the lottery’s first ticket sale on June 29, 1993, it has now returned more than $26.8 billion to the state of Georgia for education.
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Kaitlin Housler is a reporter at The Georgia Star News and The Star News Network.
