“Reaching half-a-billion to Oklahoma education is a great achievement,” said Redburn. “Our Board of Trustees, our entire staff and our vendor and retail partners are proud to support Oklahoma education. Lotteries across America raise money for good causes and what better cause than education for our children.”
Since the Lottery launched in 2005, it has generated $500,669,663 for Oklahoma education with the most recent transfer on Oct. 9, 2012, pushing the contributions over the $500 million mark.
Of the funds generated for Oklahoma education, the following amounts were contributed by beneficiary category:
- Elementary and Secondary Education - $225.3 million
- Higher Education- $201.5 million
- Career and Technology Education- $23.7 million
- Teachers' Retirement System - $25 million
- School Consolidation and Assistance Fund - $25 million
“Today’s celebration is a reminder of the Lottery’s commitment to Oklahoma education and our dedication to maximizing revenues for public education,” said Redburn.
About the Oklahoma Lottery
Net proceeds of all Lottery games are used to support improvements and enhancements for Oklahoma education. More than $500 million has been contributed to education since October 2005 with funds appropriated by the State Legislature to pay debt service on a higher education capital bond issue; to pay support salaries for public schools and for equipment, scholarships and other purposes at our career and technology education institutions.
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Rollo Redburn, executive director of the Oklahoma Lottery, presents Ken Miller, State Treasurer, with a ceremonial check in celebration of the Oklahoma Lottery contributing more than $500 million to Oklahoma education.
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