As a service to our readers, The Bronx Chronicle will print the midday/evening Numbers and Win4 results as well as the results of the various daily NY Lottery game drawings. We do this as a service to our readers and ias news, not an endorsement of state-run gaming.
What is the New York Lottery?
The New York Lottery was enacted into the New York State Constitution by voters as a result of a referendum in 1966. The Lottery contributed $3.11 billion to help support education in New York State in fiscal year 2014-15 which is 14 percent of total state education funding to local school districts. It continues to be North America’s largest and most profitable Lottery, earning over $54.7 billion in education support statewide since its founding over 47 years ago.
What happens with lottery revenue?
Lottery Revenue is distributed to local school districts by the same statutory formula used to distribute other state aid to education. The amount of funds disbursed by the Education department, under the state budget process, is based upon estimated Lottery earnings at the time of budget passage. In the event Lottery earnings exceed budget estimates, those additional funds become part of the next year’s Lottery aid distribution. Committed to maintaining the highest standards for financial integrity, the New York Lottery’s drawings and annual financial statements are monitored and audited independently.
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