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Georgia Lottery Transfers $6 Billionth to Education with Record-Breaking Fiscal Year

Monday, July 14, 2003

ATLANTA – The Georgia Lottery Corporation announced today that its fiscal year 2003 transfer to the Lottery for Education Account will reach $751,557,000. This is the largest transfer in the history of the Georgia Lottery Corporation, bringing the total raised for educational programs in the state of Georgia to more than $6 billion since the lottery’s inception in 1993. “As the Georgia Lottery Corporation celebrates its 10-year anniversary, transferring our $6 billionth to education is a special milestone,” said Rebecca Paul, president and CEO of the Georgia Lottery Corporation. “With our highest sales year ever and the largest transfer of profits in Georgia Lottery history, the greatest reward is knowing that Georgia’s students benefit from every dollar of our success with the educational programs we fund.” Georgia Lottery sales reached $2,604,422,655 for fiscal year 2003, which spanned from July 1, 2002 - June 30, 2003. To date, the Georgia Lottery Corporation has generated more than $18.58 billion in sales.

Since its first year, the Georgia Lottery Corporation has returned over $6 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:
www.galottery.com

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CONTACT:
Georgia Lottery Corporation
Media Relations Department
Voice: 404-215-5062
Fax: 404-215-8983

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Kimberly Starks
Media Relations Manager

P 404.215.5062
F 404.215.8983
media [at] galottery [dot] org

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