Virginia Lottery Delivers $901M to K-12 Schools in FY25

The Virginia Lottery concluded the 2025 fiscal year with a record $901 million in profits, marking the second-highest total in the Lottery’s 37-year history. By law, all profits are dedicated to supporting K-12 public education in Virginia, representing nearly 10 percent of the state's education budget, according to Governor Glenn Youngkin. These profits stemmed from over $5.7 billion in total lottery sales, with $4.5 billion paid out in prizes, maintaining a return rate of about 78 cents for every dollar spent. The funds are allocated to every school division across Virginia, helping to support teachers, schools, and educational programs, with a portion of the profits being discretionary for local priorities. Lottery Executive Director Khalid Jones emphasized the commitment of Lottery employees to education funding, highlighting the operation's efficiency in maximizing contributions to schools. This substantial funding boost underscores Virginia’s ongoing investment in its students' future despite broader federal education funding uncertainties.