Lottery raises more than $500 million for Va. schools

RICHMOND, Va. (AP) — The Virginia Lottery says it raised more than $500 million during the last fiscal year for Virginia’s public schools.

The lottery says it increased its sales to more than $1.84 billion in fiscal year 2015. More than $1 billion in sales were generated from Scratcher tickets alone, setting a record.

The lottery says more than $12 million in unclaimed winnings were donated to state’s Literary Fund, which benefits education by assisting technology upgrades in schools and teacher retirement funding.

By law, every dollar of Lottery profits benefits K-12 education in Virginia. Lottery profits make up about 8 percent of Virginia’s K-12 education budget.

MEDIA GENERAL may allow you to upload, post, transmit or otherwise provide content to MEDIA GENERAL Web sites, including, but not limited to, photos, video, audio, comments, articles, blogs, forums and any other such communication in which you provide content to the Web site ("User Content"). You agree that you are solely responsible for your communications and any content you provide. Read full terms and conditions of use by clicking here.

blog comments powered by Disqus