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Mega Millions and Powerball jackpots boost state education funding and local business

The soaring jackpots of Mega Millions and Powerball have not only captured the imaginations of hopeful New Yorkers but have also contributed significantly to the state’s public schools and small businesses, generating a combined $84.4 million. The New York Gaming Commission’s Chairman, Brian O’Dwyer, expressed excitement over the growing jackpots and emphasized the broader benefits for the state, highlighting that even those who don’t win the jackpot are still contributing to New York’s welfare.


As the jackpots continue to grow, with Mega Millions reaching $1.1 billion and Powerball at $800 million, their sales have already funneled $72 million into New York’s education system and $12.4 million in commissions to lottery retailers. These figures underline the lottery’s role in supporting both education and small businesses throughout the state.

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The New York Lottery, known as North America’s largest and most profitable, continues its commitment to education by contributing $3.7 billion in the last fiscal year. Additionally, the lottery promotes responsible gaming, offering support services for those in need. The ongoing success of Mega Millions and Powerball jackpots not only brings excitement to players but also substantial benefits to the broader community.



Categories: New York StateNews