More than 880,000 students went to college thanks to Bright Futures scholarships funded by the Florida Lottery. Over the past 19 years, the lottery’s contributions toward education have exceeded $1 billion per year. Since its launch, the FL Lottery has awarded over $73.2 billion in prizes, making nearly 3,000 players millionaires along the way.
As the official government body, the Florida Lottery allocates its proceeds to the public education fund. The 1986 general election and its voters approved the constitutional amendment by a 2-to-1 margin, thus launching the Florida Lottery. Powerball Calculator: Payout, Tax & Annuity Explained.Mega Millions Payout Calculator: Payout, Tax & Annuity Explained.Lottery Odds Calculator: Calculate Your Odds of Winning The Lottery.