Kentucky Lottery paying off for students - WDRB 41 Louisville News

Kentucky Lottery paying off for students

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LOUISVILLE, Ky. (WDRB) -- The Kentucky Lottery is paying off for students, as the organization has handed out over $2 billion in scholarships and grants over the last 14 years.

By law, 55 percent of lottery revenue goes to the need-based College Access Program and Kentucky Tuition Grants.  The remaining 45 percent goes to the Kentucky Education Excellence Scholarship program.

Unclaimed prize money also goes into a reserve fund to help maintain the program's financial stability.

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