LocalMichiganNewsSouth Bend Market

Michigan Lottery contributes $1B to school fund for the 1st time

A Powerball sign shows an estimated jackpot of $1.5 billion at Coach Liquor in Detroit, Wednesday, Jan. 13, 2016. A lottery official says the estimated Powerball jackpot will be over a billion. (AP Photo/Paul Sancya)

The Michigan Lottery has raised more than $1 billion for public schools for the first time.

Wednesday, the lottery announced that it contributed more than $1 billion to the school aid fund in the last fiscal year.

That’s a $129 million boost over the prior year. It’s the largest one-year increase in the lottery’s 47-year history and the fifth straight year of record-setting contributions to the school fund.

The fund also is funded with sales and use taxes, income taxes, property taxes, some federal funds, cigarette, liquor and other taxes.

Related posts

Calls for broader legal safeguards under Indiana Lifeline Law

Joe Ulery/Indiana News Service

LaPorte County Sheriff’s Office announces arrests in veteran marker theft case

95.3 MNC

Indiana women voters expected to outpace men in 2024 election

Terri Dee / Indiana News Service

Leave a Comment