Page 47 - KDF-The-Official-Program-2021

So when you spend $1 on a Kentucky Lottery ticket, where’s that money go?
C M Y CM
The majority of the dollar – 66 cents – goes right back to players in the form of prizes. Since 1989, more than $13,900,000,000 in prizes have been paid.
have received a lottery-funded college scholarship or grant since FY99. That’s one in five Kentuckians who have received- help from one of our programs. The awards are distributed by the Kentucky Higher Education Assistance Authority (KHEAA).
Lottery revenue funds the need-based College Access Program (CAP) and Kentucky Tuition Grants (KTG), along with the popu- lar Kentucky Educational Excellence Scholarship (KEES) program.
In fact, 98 cents of every non-loan student aid dollar awarded by the Commonwealth comes straight from the sales of lottery tickets. And the results are tangible – according to KHEAA, data from the KEES program indicates more of Kentucky's best and brightest students are staying in Kentucky to attend college.
Learn more at: www.kylottery.com/wherethemoneygoes
MY About five cents goes to the administration of the games so
CY CMY K
tickets can be printed and the like, while another six cents goes to retailers across the Commonwealth in the form of commis- sions for selling our tickets.
So that leaves almost 23 cents from the dollar to go to one of the Kentucky Lottery’s crowning achievement – funding college scholarships and grants for our state’s best, brightest and most-deserving students.
And since 1999, we’ve provided more than $3,800,000,000 to help them pursue their dreams of higher education.
All told, more than 820,000 students across the Commonwealth
Official Hotel Partner of Churchill Downs, The Kentucky Derby & The Kentucky Oaks
Kentucky Derby Festival & The Fillies, Inc. 2021 Official Program 45