OKLAHOMA CITY (Oct. 15, 2012)—Today Rollo Redburn, the executive director of the Oklahoma Lottery, officially announced that the Lottery has contributed more than Half-a-Billion dollars to Oklahoma education programs. The announcement was made during a celebration and check presentation ceremony at Lottery headquarters.
“Reaching half-a-billion to Oklahoma education is a great achievement,” said Redburn. “Our Board of Trustees, our entire staff and our vendor and retail partners are proud to support Oklahoma education. Lotteries across America raise money for good causes and what better cause than education for our children.”
Since the Lottery launched in 2005, it has generated $500,669,663 for Oklahoma education with the most recent transfer on Oct. 9, 2012, pushing the contributions over the $500 million mark.
Of the funds generated for Oklahoma education, the following amounts were contributed by beneficiary category:
Elementary and Secondary Education - $225.3 million
Higher Education- $201.5 million
Career and Technology Education- $23.7 million
Teachers' Retirement System - $25 million
School Consolidation and Assistance Fund - $25 million
“Today’s celebration is a reminder of the Lottery’s commitment to Oklahoma education and our dedication to maximizing revenues for public education,” said Redburn.