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ATLANTA – Gov. Brian Kemp today announced that the Georgia Lottery Corp. transferred its fiscal year 2019 profits, a total of $1,207,369,000, to the State Treasury’s Lottery for Education Account. This marks the largest annual transfer in the Georgia Lottery’s 26-year history, bringing the total raised for education to more than $21 billion.
“The Georgia Lottery provides revenues to ensure our young students receive a strong pre-K learning foundation, while keeping our best and brightest in state after high school through the HOPE program,” Gov. Kemp said. “The lottery’s historic transfer is an investment in our students, and ultimately, in our workforce and economy.”
Georgia Lottery profits fund specific education programs, including Georgia’s HOPE Scholarship Program and Georgia’s Pre-K Program. More than 1.8 million students have received HOPE and more than 1.6 million 4-year-olds have attended the statewide, voluntary prekindergarten program.
“Our success is a team effort that benefits all Georgians,” Georgia Lottery President and CEO Gretchen Corbin said. “We appreciate the support of Gov. Kemp and the legislature, the leadership of our board of directors, the dedication of our employees, retail partners and business partners, and the enthusiasm of our players.”
FY19 marks the fourth consecutive year the Georgia Lottery has surpassed $1 billion in profits for education and the eighth consecutive year of growth in profits for education.