Mississippi News

Lottery sends more than $8.8 million to state

The Mississippi Lottery’s April transfer of $8,871,995.12 – all of it earmarked for the state’s Education Enhancement Fund – brings the total transfer for Fiscal Year 2025 to the state to $94,072,988.52.

Each fiscal year, the first $80 million in annual net proceeds from the lottery are directed to support road and bridge improvements across Mississippi. Any net proceeds exceeding that threshold are deposited into the Education Enhancement Fund. The Lottery surpassed the $80 million mark with March’s transfer, making all subsequent monthly transfers for the fiscal year benefit education exclusively.

The Education Enhancement Fund, which also receives funding from other state sources, supports several critical education initiatives, including early learning collaboratives, early learning collaborative coaches, the Teacher Supply Fund, upgrades to the Mississippi Student Information System and career and technical education grants

With April’s transfer, the EEF has now received $14,072,988.52 from the Lottery for FY25.

All figures are contingent on a financial audit.

Bob Bakken

Bob Bakken provides content for DeSoto County News and its social media channels. He is an award-winning broadcaster, along with being a reporter and photographer, and has done sports media relations work with junior and minor league hockey teams. Along with his reports on this website, you will find this veteran media member providing sports updates and high school football play-by-play on Rebel 95.3 FM Radio.