![]() It then specified that "not less than 50% of the total annual Lottery revenues, in an amount to be determined by the commission, be returned to the public in the form of prizes." This leaves "the commission to establish the percentage to be allocated to the benefit of public education at a level that maximizes the total net revenues allocated to the benefit of public education." It also imposed requirements "to ensure continued growth in Lottery net revenues allocated to public education", with annual procedures that would, "in any one of the first 5 full fiscal years after the enactment of this measure. The new allocation increased to at least 87% the portion of Lottery revenue returned to the public, and correspondingly decreased to a maximum of 13% the amount spent on administration. Amending the Lottery Act, this bill reallocates Lottery revenues "so as to maximize the amount of funding allocated to public education." As an urgency statute, this bill took effect immediately. On April 8, 2010, Governor Arnold Schwarzenegger signed into law Assembly Bill 142 (Hayashi, D-Hayward). The remainder, a maximum of 16%, was to be spent on administration, such as salaries and running the games. Another 50% of its revenues must be paid to the public in the form of prizes, making a mandated minimum of 84% of all funds that must be given back to the public in the form of prizes or funds for public education. Accordingly, the Lottery was required to provide at least 34% of its revenues to public education, supplementing (not replacing) other funds provided by California. ![]() The Lottery Act was intended to provide more money to schools without imposing extra taxes. ![]() The earnings provide supplementary funding for public education. It offers a range of games including number draws, scratchcards and a mock horse race. The California State Lottery began in October 1985 after voters authorized it in Proposition 37, the California State Lottery Act of 1984. The odds of winning something at any prize level, according to lottery officials, is 1 in 24.Pair of the California Lottery's original tickets, purchased October 3, 1985, that are unscratched RELATED: Man who won $10M lottery prize sentenced to life in prison for murder The next drawing will be Friday at 8 p.m. If you wanted to try your luck, the Mega Millions jackpot currently sits at an estimated $226 million, with a cash option of $129.8 million. Lottery officials said sales for the entire sequence in California totaled $110.3 million, with California public schools receiving an estimated $40 million just from that jackpot run alone. RELATED: Mega Millions says host called wrong number in Tuesday's drawing The big win was the result of a jackpot sequence that started in October 2021 and rolled 27 times. Wellenstein, who considers herself a private person and chose not to speak publicly, said she plans to "give back and support local and global-based initiatives," adding that her "team is in place to achieve those objectives." That Chevron station also wins big, receiving the maximum $1 million bonus for selling the winning ticket. RELATED: $6 million Powerball ticket sold in Riverside County
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