Lottery Won’t Be Big Win For Schools
According to a report by John Meyers, Los Angeles Times, “Over time the California Lottery has provided slightly less than 2 cents of every dollar in what’s spent to operate K-12 schools.
“In fact, two pennies of every dollar is the high-water mark. Data compiled by the independent legislative analyst’s office shows that for most of the past decade, the lottery has been closer to 1% of school funding. In the 2016-17 budget proposed by Gov. Jerry Brown last week, K-12 education is slated to receive a total of $86.5 billion from all sources; the lottery’s share is about $1.1 billion.”