Arkansas Lottery exceeds $700M in scholarship funding

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LITTLE ROCK, Ark. (September 11, 2017) — The newest numbers are here, and they’re big: Accumulated net proceeds since the Arkansas Scholarship Lottery’s 2009 inception now total $705,031,573.17. This means that, since it began, the Lottery has provided more $705 million for funding thousands of college scholarships to Arkansas students since it launched eight years ago.

“Surpassing $700 million in scholarship proceeds is definitely a milestone – but we just love that it means more scholarships for Arkansas students, and more people in Arkansas having fun playing the games,” Arkansas Scholarship Lottery Director Bishop Woosley said.

Large jackpots for two national draw games last month helped the Lottery break the $700M mark -- net proceeds for August 2017 were $8,912,741.54. “Having not just one, but two, huge national draw game jackpots from both Powerball and Mega Millions certainly helped us have an amazing August,” Woosley added. 

http://www.thv11.com/news/local/lottery-exceeds-700m-in-scholarship-funding/473504264