A record-breaking amount of funding was transferred to the HOPE Scholarship and Georgia Pre-K program.
Gov. Nathan Deal announced that the Georgia Lottery Corp. transferred a total of $1,143,514,000, to the State Treasurey’s Lottery for Education Account. This transfer is the largest annual transfer on record. This billion dollar transfer brings the total funding raised for education programs to more than $19.8 billion during the 25-year history of the Georgia Lottery.
“By providing more than $19.8 billion of total funding for education, the lottery has given millions of our youngest learners a head start in their education while also keeping the best and brightest students in Georgia after high school. With this year’s record-breaking profit transfer, the Georgia Lottery is continuing its exceptional work to help millions of children in Georgia attain a quality education from start to finish for a lifetime of opportunities,” said Deal.
The Georgia Lottery celebrated its 25th anniversary in June, commemorating 25 years of funding Georgia’s HOPE Scholarship Program, Georgia’s Pre-K Program and capital outlay projects including technological upgrades for schools and universities across the state.
More than 1.8 million students have received HOPE and more than 1.6 million 4-year-olds have attended the statewide, voluntary prekindergarten program.