Governor Whitmer announced today that the Michigan Lottery has contributed a record $ 1.419 billion to the School Aid Fund in fiscal year 2021, breaking the previous record set last year by nearly $ 240 million. This is the third year in a row that the lottery has contributed more than $ 1 billion to the fund, and it is the seventh record lottery contribution in a row.
“When Michiganers play to win, our students and schools also win,” he said Governor Gretchen Whitmer. “The Michigan Lottery’s record contribution to the School Aid Fund helps us keep children safe and learn in person, provides important funding to support K-12 programs, and ensures that every family has access to high-quality public education. The lottery record for the past seven years has helped us put Michigan students first. Together, we have eliminated the funding gap between schools, increased funding per student, and improved school facilities, all without tax increases. I am grateful to everyone who made these significant investments in our children possible. ”
Since the record series began in fiscal year 15, the lottery contribution to the School Aid Fund has increased by 78.5%.
The lottery contributions to the School Assistance Fund for the previous six years were:
- FY 20: $ 1.179 billion
- 2019 fiscal year: $ 1.070 billion
- 2018 fiscal year: $ 941.2 million
- 2017 fiscal year: $ 924.1 million
- 2016 fiscal year: $ 888.9 million
- 15 fiscal year: $ 795.5 million
Lottery retailers received a record $ 370.9 million in commissions in fiscal year 21, up 82% from $ 203.6 million in fiscal year 15. The average payout to retailers is 21 pounds. as a percentage of sales was 7.4%, including commissions, promotions and bonuses. Lottery products are sold in more than 10,000 locations across Michigan, ranging in size from independent businesses to large chains. In fiscal year 21, 925 retailers sold lotteries for $ 1 million or more.
“Lottery shopping helps support Michigan schools and businesses,” he said Lottery Commissioner Brian O. Neal. “These incredible results would have been impossible without our players, vendors, vendors, a special lottery team and support from the state government.”
Other records set by the lottery in fiscal year 21 include more than $ 5 billion in sales and more than $ 3.1 billion in player prizes. Record sales of 21 f.g. were largely driven by instant gaming, a $ 1 billion Mega Millions jackpot and an online lottery platform.
Since its inception in 1972, the lottery has raised more than $ 26 billion for public education in Michigan. Approximately $ 7.2 billion, or 28%, of that amount has been raised over the past seven record years.
The lottery also seeks to promote responsible games. Michigan was the first state lottery to receive certification of its online program through the National Gambling Council, and passed the Responsible Gaming Test through the North American Association of State and Provincial Lotteries. Information and resources about responsible games are available on the lottery website at: www.michiganlottery.com/responsible-gaming.
For every dollar spent on a Michigan lottery ticket at 21 FG, approximately:
- 61 cents went to the players as prizes
- 28 kopecks went to the School Aid Fund to support public education
- 9 cents went to commissions for retailers and retailers
- 2 cents financed the lottery operation and administrative costs
Under state law, all proceeds from the lottery go to the School Aid Fund.
All figures for fiscal year 21 are preliminary and unverified.
More than 97 cents of every dollar spent on lottery tickets is returned to the state in the form of contributions to the state school aid fund, prizes to players and commissions to suppliers and retailers. In fiscal year 2021, the lottery has allocated more than $ 1.419 billion to Michigan public schools, making it its seventh record contribution in a row. Since its inception in 1972, the lottery has contributed more than $ 26 billion to support public education in Michigan. Follow the Michigan Lottery for more information Facebook, Instagram, Twitter and online at www.michiganlottery.com.