I am frequently asked how much does the New York State Lottery contributesto state education funding.
Below is a simple breakdown of school funding statewide and the Lottery's impact.
Where Do Schools Get Their Money?
Local Taxes: 46 percent ($22.92 billion)
State Sources: 39 percent ($19.23 billion)
(other than NYS Lottery)
NYS Lottery: 5 percent ($2.36 billion)
Federal Sources: 6 percent ($2.75 billion)
Other local revenue and transfers: 4 percent ($2.18 billion)
Traditional Lottery Sales Allocation
Of $6.7 billion in Sales:
59 percent payable in Prizes
32 percent payable in Aid to Education
6 percent payable in Retailer Commissions
3 percent payable for Administrative Expenses
Click HERE [3] for more information about the New York State Lottery.
