PORTSMOUTH, Va. (WAVY) — Gov. Glenn Youngkin announced a new record of $934 Million Virginia Lottery Profit for K-12 Public Education.
Of the $5.5 billion in Lottery sales for the year, a record $4.2 billion went back to players as prizes. For every dollar spent playing Virginia Lottery games, approximately 77 cents went back to players.
“Over the course of my administration, we have been able to achieve record funding for K-12 education, allowing for increased opportunities in the classroom,” said Gov. Glenn Youngkin. “I am so thrilled these record profits will help provide the necessary support and resources for Virginia’s students. Approximately 10 percent of Virginia’s K-12 education budget comes from Virginia Lottery profits that assist in funding public schools.”
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