Sup­port­ing Rap­pa­han­nock County ed­u­ca­tion

In 2018, the Lottery contribute­d more than $500 mil­lion to Vir­ginia’s pub­lic schools. Last year, Rap­pa­han­nock County Pub­lic Schools alone re­ceived $126,086 in Lottery gen­er­ated fund­ing.

Rappahannock News - - Comment -

At the Vir­ginia Lottery, we take play­ing se­ri­ously. Fun mat­ters. Ex­cite­ment mat­ters. And so does the ed­u­ca­tion of Rap­pa­han­nock County’s youngest res­i­dents. It's the rea­son we play so en­thu­si­as­ti­cally. Ev­ery time you scratch a ticket or pick your num­bers for the big jack­pot, you are cre­at­ing win­ners in ed­u­ca­tion all over Vir­ginia, in­clud­ing Rap­pa­han­nock.

Since 1999, all Vir­ginia Lottery prof­its have been used for K-12 pub­lic ed­u­ca­tion in Vir­ginia.

In 2018, the Lottery contribute­d more than $500 mil­lion to Vir­ginia's pub­lic schools. Last year, Rap­pa­han­nock County Pub­lic Schools alone re­ceived $126,086 in Lottery gen­er­ated fund­ing.

In Fis­cal Year 2018, the Vir­ginia Lottery had sales of more than $2.1 bil­lion. Of this to­tal, the Lottery gen­er­ated more than $606 mil­lion, or 28.3 per­cent of sales, for K-12 pub­lic ed­u­ca­tion (this num­ber rep­re­sents about 10 per­cent of the state’s en­tire bud­get for ed­u­ca­tion), 61.1 per­cent

went back to play­ers in the form of prizes, 5.7 per­cent went to the re­tail­ers who sell Vir­ginia Lottery tick­ets, and 4.9 per­cent went to op­er­a­tional ex­penses.

When Vir­gini­ans voted in 1987 for a state-op­er­ated lottery, some peo­ple as­sumed that they voted on how to spend the Lottery's pro­ceeds. This was not the case. Lottery pro­ceeds, which are ap­prox­i­mately one-third of Lottery sales, were to be used as de­ter­mined by the Gen­eral As­sem­bly.

The use of the pro­ceeds has changed over time. In 1989, Lottery pro­ceeds were ded­i­cated to cap­i­tal-con­struc­tion projects. From 1990 to 1998, Lottery pro­ceeds were trans­ferred to the state's Gen­eral Fund.

Start­ing in 1999, a state bud­get In ad­di­tion, by law, all un­claimed Vir­ginia Lottery prizes go to the Lit­er­ary Fund. The Lit­er­ary Fund is used solely for ed­u­ca­tional pur­poses such as up­grad­ing tech­nol­ogy in schools and teacher re­tire­ment fund­ing.

The Lottery trans­ferred $14.1 mil­lion to the Lit­er­ary Fund in FY 2018. Since 1988, the Lottery has trans­ferred more than $289.2 mil­lion in un­claimed prizes to the Lit­er­ary Fund.

Also, the Lottery par­tic­i­pates in the Set-Off Debt Col­lec­tion Act, in which prize pay­ments are with­held to pay cer­tain obli­ga­tions that the prize win­ner owes. Ex­am­ples of these obli­ga­tions are state and fed­eral taxes, child sup­port and tu­ition from state uni­ver­si­ties or col­leges.

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