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Reading: California lottery generates $2.25 billion for public faculties
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San Francisco News > Blog > News > California lottery generates $2.25 billion for public faculties
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California lottery generates $2.25 billion for public faculties

By Miles Cooper
News
January 4, 2025
California lottery generates .25 billion for public faculties
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California lottery generates $2.25 billion for public faculties

Posted: Jan 4, 2025 / 12:43 PM PST

Up to date: Jan 4, 2025 / 12:43 PM PST

(BCN) — The California Lottery raised greater than $2.25 billion for the state’s public faculties in 2024, bringing to $46 billion the overall the lottery has generated for schooling since its inception in 1985.

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That is the third yr in a row that the lottery has generated greater than $2 billion for schooling, in accordance with lottery officers. Gross sales from the latest Mega Tens of millions jackpot alone resulted in an estimated $78.8 million for public faculties.

San Jose State college students sort out tutorial shortcomings with AI

California Lottery gross sales reached $9.27 billion throughout fiscal yr 2023-24, surpassing the earlier gross sales document of $9.24 billion set the yr earlier than.

Lottery funds are discretionary and can be utilized by college districts to complement the final fund, entice and retain lecturers, fund after-school packages, or different makes use of.

TAGGED:billionCaliforniageneratesLotterypublicschools
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