Did Mega Million jackpot proceeds help Texas public schools?
POSTED: Wednesday, April 4, 2012 - 9:30pm
UPDATED: Wednesday, April 4, 2012 - 9:44pm
Even though a Texan didn’t win the $640 million jackpot after Friday’s Mega Million drawing, Texas Lottery officials said Wednesday that $37.5 million in ticket sale proceeds will go toward the Texas Foundation School Program — the main source of funding for public schools in the state. Also, about 17,000 retail outlets that sell lottery tickets will share $4.7 million in sales commission.
“Here at the Texas Lottery, we like to say that when Texans play, Texas wins—that includes players, retailers and, most of all, Texas education,” said Gary Grief, executive director of the Texas Lottery in a news release. “That saying has never been truer than with this record-shattering Mega Millions jackpot.”
Read more here at The Houston Chronicle.