Florida puts it towards education. There was an an interview this morning with an official that said the ticket sales from the last drawing added an extra $1 million to Florida's education budget. I am sure the next drawing should do the same. While $2 million may sound like a lot of money, that is … Read more
Thanks to a California law that requires at least $1 billion of the state’s education funding to come from lottery revenues -- or about 1% of the state's spending -- a monster-sized jackpot can inject significant cash into the education spending plan.