Published: July 29, 2018

Oklahoma Lottery sends more money than expected to education

The Oklahoma Lottery’s annual education contribution rose 19 percent last fiscal year to $63.2 million, and officials are crediting a year-old law with providing the spark.

Lottery officials announced Thursday that with sales up 47 percent for fiscal year 2018, which ended June 30, $63.2 million will go to education — $10 million more than the previous year. It includes $13.2 million earmarked specifically for public school programs in reading, science, technology, engineering and math (STEM).

Making the increase possible, they say, is House Bill 1837. Enacted in July 2017, the bill — sponsored by Rep. Leslie Osborn, R-Mustang, and Sen. Kim David, R-Porter — allowed the Lottery Commission, among other changes, to increase prizes, thus generating more sales and increasing profits going to education.

“The Lottery (Commission) is ecstatic,” said Oklahoma Lottery spokesman Jay Finks about the increase to education. “Every education dollar is precious, and we are thankful that increased lottery sales have allowed us to contribute more than promised.”

Shawn Hime, executive director of the Oklahoma State School Board Association, said he appreciated legislators’ effort to involve him and other education leaders in the conversation on what to do about declining lottery revenues.

“I was part of (the bill planning) from the beginning, and I’m pleased to see that it looks like a success,” Hime said. “Any additional money for our schools is a big help.”

“Revenues were continuing to decline, and we knew we needed to do something,” he added.

The previous fiscal year’s $53 million contribution represented a steep decline that was projected to continue, lottery officials said.

But under the new law, they now project $330 million will go to education over the next five years. That’s a $110 million increase over what it would have been without the law, they added.

“It’s encouraging,” Alicia Priest, Oklahoma Education Association president, said of the initial 19 percent increase.

“Coupled with the gains from the last legislative session and an improving economy, our state is starting to make up for a decade of cuts to public education. We still have a long way to go, but this is good news for our students.”

Another lottery-related bill is set to take effect Nov. 1 and allows for further increases to education, officials added. The bill will allow the use of debit cards to purchase any lottery game.

Since its inception in 2005, the lottery has sent $868.4 million to public education. With revenues declining, however, and in light of the state’s ongoing education-funding crisis, it has been criticized for failing to deliver as promised.

Lottery officials believe better days are ahead.

“We are really happy with how the lottery is growing and believe this new law will lead to continual growth in public education contributions in the future,” Finks said. 

Guests Online?

We have 4931 guests and no members online

© Public Gaming Research Institute. All rights reserved.