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Michigan Lottery contributes $1B to school fund for 1st time

The $1 billion contributed last fiscal year is a $129 million boost over the prior year.
Credit: Scott Olson/Getty Images
A customer holds a stack of Mega Millions lottery tickets which he purchased for his office pool at a convenience store on December 17, 2013 in Chicago, Illinois.

LANSING, Mich. — The Michigan Lottery has raised more than $1 billion for public schools for the first time. 

The lottery announced Wednesday that it contributed more than $1 billion to the school aid fund in the last fiscal year. 

That's a $129 million boost over the prior year. It's the largest one-year increase in the lottery's 47-year history and the fifth straight year of record-setting contributions to the school fund. 

The fund also is funded with sales and use taxes, income taxes, property taxes, some federal funds, cigarette, liquor and other taxes. 

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