Lightford091117

SPRINGFIELD — When the Illinois Lottery was established, its purpose was to provide extra revenue for schools, but those funds have often been used to replace funds from other sources instead of serving as a supplement. Reliance on lottery revenue to fund local schools will soon come to an end under a proposal that was recently signed into law.

House Bill 213, led by Assistant Majority Leader Kimberly A. Lightford (D-Maywood), ensures that beginning in FY18, money from the lottery that is used to fund schools must serve as an addition to other funds slated for education.

“We recently made a commitment to our students that requires the proper investment to achieve equity in education for all children. This legislation adds to that commitment by ensuring that lottery funds will serve their intended purpose,” Lightford said.

The Illinois Lottery Law requires the entire net proceeds of the Lottery to be used for the support of the State's Common School Fund. Currently, 24 percent of lottery ticket revenue is deposited into the fund. In fiscal year 15, that amount was $679 million of the total $2.85 billion in lottery sales.

Category: News

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