Wednesday, October 13, 2004
ATLANTA – The Georgia Lottery Corporation (GLC) announced today that its fiscal year 2005 first quarter transfer to the Lottery for Education Account will reach $188,393,622. This is the largest first quarter transfer in the history of the GLC, bringing the total raised for educational programs in the state of Georgia to more than $7 BILLION since the lottery’s inception in 1993.
“We are celebrating a special milestone with the transfer of our $7 billionth dollar to education,” said Georgia Lottery President and CEO Margaret DeFrancisco. “It is rewarding to know that Georgians support our products and lottery-funded educational programs. Our success directly benefits Georgia’s students and their families.”
Georgia Lottery sales remain strong, reaching $643,199,052 for the first quarter of fiscal year 2005, which spanned from July 1, 2004 to September 30, 2004.
Since its first year, the Georgia Lottery Corporation has returned over $7 billion to the state of Georgia for education. All Georgia Lottery profits go to pay for specific educational programs. These include Georgia’s HOPE scholarship program; a statewide, voluntary pre-kindergarten program for four-year-olds; and a wide range of technological and capital upgrades for the state’s schools, technical institutes, colleges, universities and public libraries.
For more information, please visit the Media Center on the GLC Web site at:
Play Responsibly – It’s All About Fun!
Georgia Lottery Corporation
Media Relations Department