BioLot » MO lottery http://biolot.org Jackpot well-tried by the time Tue, 12 Feb 2013 15:21:22 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 The MO lottery does more than make millionaires out of its residents; it provides extra revenue for the state. http://biolot.org/the-mo-lottery-does-more-than-make-millionaires-out-of-its-residents-it-provides-extra-revenue-for-the-state/ http://biolot.org/the-mo-lottery-does-more-than-make-millionaires-out-of-its-residents-it-provides-extra-revenue-for-the-state/#comments Thu, 13 Dec 2012 09:25:50 +0000 admin http://biolot.org/?p=712 Continue Reading]]> The MO lottery does more than make millionaires out of its residents; it provides extra revenue for the state.

With more than four billion dollars contributed to Missouri and its public education system, the MO lottery is has become an integral part of the community. A large portion of the funds that are generated by the sale of lottery tickets goes directly back to the residents of Missouri in the form of increased educational opportunities for the future of the state. The money that the schools receive as a result of the state lottery helps students realize their potential and gives them the opportunity to fulfill their dreams. Dreams that wouldn’t be possible without the funds.

The MO lottery offers up six different games for residents to play. With more games come more opportunities to win the game of chance. In fact, Missouri’s lottery averages more than 172,093 winners each and every day. This equates to approximately $7.6 billion awarded to Missouri’s residents since the lottery was incepted. Out of this total, more than $2.3 billion has been awarded in jackpot prizes. Chris Shaw of Marshall, Missouri knows first hand the benefits of participating in the MO lottery. On April 21, 2010, Chris became the winner of the largest Powerball jackpot for the state of Missouri, $258.5 million dollars. As with any game of chance, you don’t have a chance to win if you don’t play.

The state lottery also goes far in supporting Missouri businesses by allowing them to become retailers for all six games. For those businesses that participate in the selling of the lottery tickets, they are given the chance to increase their revenue through the lottery’s bonus and incentive programs. For every dollar that is spent, the retailer that sold the ticket gets back 6.2 cents. Along with the bonuses for selling a jackpot winning ticket, becoming a lottery retailer makes sense.

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