Oklahoma Lottery transfers $2.8 million more to education

Ponca City Now - August 12, 2015 8:44 am

OKLAHOMA CITY (AP) – Officials at the Oklahoma Lottery say they’re transferring $2.8 million more than what was planned to public education.

Officials say contributions from the lottery totaled more than $60 million for the fiscal year that ended June 30. More than $685 million has been contributed to education since November 2005.

Executive Director Rollo Redburn says that as in previous years, the Oklahoma Lottery strives to exceed financial expectations and will continue to raise the bar in the effort to provide much needed funding for Oklahoma education.

Net proceeds of all lottery games are used to support improvements and enhancements for Oklahoma education. Lottery funds help pay the debt service on higher education bond issues as well as equipment and the salaries and benefits of public school teachers and support employees.

 

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