More than $18.5 generated for road work, education FY25
Sept. 13, 2024 – The Mississippi Lottery Corporation completed its August transfer of $9,632,767.62 in net proceeds to the Lottery Proceeds Fund in the Mississippi State Treasury.
In accordance with the Alyce G. Clarke Lottery Law, the MLC is required to transfer net proceeds within 20 days following the close of each calendar month. The first $80 million goes to Mississippi Department of Transportation projects; proceeds exceeding $80 million are earmarked for the Education Enhancement Fund.
The Mississippi Lottery has transferred more than $18.5 million to the state for Fiscal year 2025, which began July 1, 2024. Since sales began in November 2019, the Mississippi Lottery has transferred more than $409.2 million to the state for roads and bridges, plus more than $188 million for the Education Enhancement Fund.
All numbers contingent on financial audit.
Jackpot update
Tonight’s Mega Millions® jackpot is $20 million, with a cash value of $10.1 million. Lotto America’s® jackpot is $8.86 million, with a cash value of $4.47 million. The jackpot for Mississippi Match 5®, which draws daily, is worth $54,000. Saturday’s Powerball® jackpot is an annuitized $152 million, with a cash value of $76.7 million.
