Tuesday, January 17, 2006
ATLANTA – The Georgia Lottery Corporation (GLC) closed the books on the first half of fiscal year 2006 by announcing the largest second quarter sales and transfer to education in GLC history.
Record-breaking first and second quarter transfers to the Lottery for Education Account in fiscal year 2006 will total more than $396 million – $15 million more than last year’s benchmark. This makes the first six months of fiscal year 2006 the most successful start in GLC history and brings the total raised for educational programs in the state of Georgia to more than $8 BILLION since the lottery’s inception in 1993.
Fiscal year 2006 second quarter sales soared to a record high $794,549,307.
“We are marking a significant milestone for Georgia’s students and families with the transfer of our $8 billionth dollar to education,” said Georgia Lottery President and CEO Margaret DeFrancisco. “Our achievements are a result of phenomenal work by Georgia Lottery employees and retail partners along with the support of our players.”
Since its first year, the Georgia Lottery Corporation has returned over $8 billion to the state of Georgia for education. All Georgia Lottery profits go to pay for specific educational programs including Georgia's HOPE Scholarship Program and Georgia's Prekindergarten Program. More than 900,000 students have received HOPE Scholarships, and more than 700,000 4-year-olds have attended the statewide, voluntary prekindergarten program.
For more information, please visit the Media Center on the GLC Web site at:
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Georgia Lottery Corporation
Media Relations Department
Media Relations Manager
media [at] galottery [dot] org