Georgia Lottery – History and Education

Made in November 1992, the Georgian lottery was conceived by the Georgian community for entertainment and to increase subsidies for education. There is a lottery for the education law that assigns Georgia Lottery Corporation (GLC) to supervise and run the lottery. In June 1993, the lottery was not launched and during the first week, ticket sales reached more than 52 million, which formed a record of new opening Sunday lottery sales of $ 7.80 per resident. Rebecca Paul named the first president of GLC. “The first year’s per capita sales of $ 164.81 set a new national record, exceeded the previous sign of $ 128 which was set by Florida in 1988”, making the Lottery GA which is the largest State-up lottery start-up.

In five months, the lottery reached the first year sales figure of $ 463 million, and ended the first full year with a total sales of $ 1.1 billion. As a result, the opening year made Georgian lottery return to his community no less than $ 362 million, with the help and support of education. In the second year, the Georgian lottery manages $ 1.4 billion in total sales, returning more than $ 500 million education funds. For 7 consecutive years, the Georgian lottery continued to exceed all estimates with its breakthrough sales. The operation continues to increase until, during the thirteenth year, GA Lottery Corporation experiences extraordinary sales and results for education. The next president from GA Lottery Corporation is Margaret Defrancisco in 2003.

Until now, lotteries have allocated more than $ 9 billion in revenue to Georgia students. In a way created by the lottery, no less than 1 million students have the possibility to continue their college studies in Georgia, while   xổ số miền bắc  more than 790,000 kindergarten children can start their pre-K program. Also, these funds have been used to equip classrooms with hardware and superior technology sources that should involve students to modern media and knowledge facilities. The role of Georgia Lotter Corporation is generating income to support educational projects; But the organisms that allocate, manage and distribute this money is the Governor and General Assembly.

The income raised by Georgia’s lottery is not intended, not used to replace traditional funding in education, but to complete it. The state auditor has released a recent report that revealed the whole augmentation of the total funds for education since the lottery in a way that shows that state subsidies in education have developed since the lottery has begun.

The Georgian lottery mission is trying to remain consistent with its historical development. Its mission remains the same time, as when the lottery first started – to improve as much as possible for education programs. The Georgian lottery set a new record in profit during 2006, returning more than $ 822 million to study programs. This was an increase of $ 20 million over the past year and helped ensure the future of expectations and programs pre-K in all states.

According to Margaret R. Defrancisco, President and CEO of GA Lottery Corporation, “The phenomenal growth of the lottery is the result of hard work and healthy business practices. The end result means more educational opportunities for the increasing number of Georgia. More than 1.7 million students. Have benefited From the Hope scholarship funded by a lottery and the Pre-K program. We hope to build a high standards of excellence that always characterize the Georgian lottery. “