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Mega Millions jackpot soars, boosts Virginia education funding
VIRGINIA, USA — Governor Glenn Youngkin announced on Monday that the Virginia Lottery closed out fiscal year 2025 with more than $901 million in profits, the second-highest total in the Lottery’s 37-year history. By law, all Virginia Lottery profits support K-12 public education across the Commonwealth.
During a ceremonial event, Virginia Lottery Executive Director Khalid Jones presented a check to Governor Youngkin, highlighting the record-setting year.
“This $901 million contribution from Virginia Lottery profits is a powerful testament to our steadfast commitment to investing in the future of every student,” said Youngkin. “Every dollar generated through the Lottery directly supports the teachers, schools, and programs shaping the next generation of Virginians.”
Virginia Lottery announces record revenues, payouts
The Virginia Lottery on Monday announced record revenues and record payouts to players for the last fiscal year but a slightly lower profit of $901 million, all of which goes toward Virginia’s K-12 public schools.
Of the $5.7 billion in lottery sales for fiscal year 2025, which ended June 30, a record $4.5 billion went back to players as prizes.
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