Home » How much lottery ticket cash ends up in Michigan classrooms? We did the math

How much lottery ticket cash ends up in Michigan classrooms? We did the math

How much lottery ticket cash ends up in Michigan classrooms? We did the math

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It’sanannualritualinMichigan:Thestateproclaiminghowmuchcashthelotteryispouringintoschools.Gov.GretchenWhitmerrecentlyannouncedthatfortheseventhyearinarow,thelotterycontributedmorethan$1billiontotheSchoolAidFund. Butbuyinga$1scratch-offdoesn’tmeanyou’vejustpumped$1intoschoolcoffers.Infact,Michiganschoolsgetaboutafourthofthat—orless,dependinghowyoucountit. Foreverydollarspentonalotteryticket,63centsgoestowardprizes.Ninecentstowardlotterysalescommissionsand3centsforoperationsandadministrationcosts.ThatleavesaboutaquarterforMichigan’sSchoolAidFund. Wedecidedtofindoutwhathappensnexttothatquarter: Wheredoesmyquartergo? The25centsgoestotheSchoolAidFund,apotofmoney—includingsales,incomeandpropertytaxrevenue—that’susedtopayforK-12schoolsaswellassomeearlychildhoodprograms. Lotteryproceedsaccountforlessthan6%oftheSchoolAidFund,andformorethanadecade,thefundhasalsobeenusedtohelppayforcommunitycollegeandpublicunive