Governor Youngkin announces record $934M Lottery profits for Virginia's 2024 education budget.
Governor Glenn Youngkin announced a record $934 million in profits for Virginia's 2024 fiscal year Lottery, which will be allocated to K-12 public education. This marks a historic high in the 36-year history of the Lottery, totaling $5.5 billion in sales. Approximately 10% of Virginia's K-12 education budget relies on Lottery profits for funding public schools, while the Lottery's administrative costs reached a record low of 3.8%.
August 07, 2024
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