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Tue July 30, 2013
State Lottery Proceeds Exceed Estimates
The head of the Oklahoma Lottery says proceeds for education exceeded projections by $12 million during the fiscal year that ended June 30.
Oklahoma Lottery Executive Director Rollo Redburn announced Monday the lottery's total contribution to the state was $70.1 million over the year. That's more than the projected $57.5 million.
Redburn said it was the fourth consecutive fiscal year that total the gambling collections outpaced projections, including $12.4 million more than the estimate in the 2012 fiscal year.
Redburn says the state lottery's total share to public education in Oklahoma since its launch in 2005 is more than $550 million. The money goes mostly to K-12 schools and colleges and universities, with a smaller portion dedicated to career and technology centers.