Lottery releases 2015 contribution amount to state School Aid Fu - WNEM TV 5

Lottery releases 2015 contribution amount to state School Aid Fund

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SAGINAW, MI (WNEM) -

The Michigan Lottery contributed $795.5 million to the state School Aid Fund in 2015, pushing the total contributions since 1972 to more than $19.6 billion.

The 2015 contributions broke the previous record of $778.4 million in 2012.

Last year’s contributions marked the ninth straight year that the Lottery contributed $700 million or more for education in Michigan.

The Michigan Lottery reports that for each dollar spent on a ticket in 2015:

  • 29 cents went to the School Aid Fund
  • 61 cents went to prizes for players
  • 7 cents went to commissions for retailers, many of them family-owned businesses
  • 3 cents support the Lottery’s ongoing operations and administrative costs

Under state law, all net proceeds from Michigan Lottery games go to the state School Aid Fund.  The Lottery contributions comprise about 6.5 percent of the fund.

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