Missouri Lottery Gives $26 Million Towards Education

Gambling can in many ways be a tricky topic to debate. While there are people both for and against legalized gambling in the United States, it cannot be argued that the money that is raised through gambling, is substantial.

Evidence of just how much money can be generated from legalized gambling can be seen in the state of Missouri. The lottery has given $26 million to the Lottery Proceeds Fund.

The money will go towards public education in the state. The most phenomenal aspect of the money that was transferred is that is was only for one month.

The $26 million was in direct relation to the month of March. The total for the fiscal year is $219.8 million. The lottery has been in place for twenty two years in the state, and has created over $3.1 billion.

Education is the main beneficiary of lotteries around the country. Most state lotteries were set up with the intention of raising money that could be used, not only in lower grade education, but also for state colleges.

April 19, 2008
Posted By Larry Rutherford
Staff Editor, CasinoGamblingWeb.com
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