Michigan Lottery: $888.9 million contributed to School Aid Fund - WNEM TV 5

Michigan Lottery: $888.9 million contributed to School Aid Fund

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MICHIGAN, (WNEM) -

The Michigan Lottery has announced a record $888.9 million dollars contributed to the School Aid Fund in the 2016 fiscal year thanks to Michigan Lottery games.

That’s a 12% increase from the previous record of $795.5 million set in 2015, according to Michigan Lottery preliminary results.

That 2016 pushed the Lottery’s total contributions to public education to more than $20.5 billion since 1972.

According to the Michigan Lottery, for each dollar spent on a Michigan Lottery ticket in 2016, approximately:

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

2016 was the 10th straight year that the Lottery said it has provided $700 million or more for public education in the state of Michigan.

The 2016 performance also made the Michigan Lottery the fastest growing lottery in the nation. 

Under state law, all net proceeds from Michigan Lottery games go to the state School Aid Fund.  The Lottery contributions comprise about 7.5 percent of the fund.

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