How to raise the funds to State Education without raising Taxes, the answer is, start a state-owned Lottery. With 58% of state voters’ approval of California state lottery act, the California lottery was started on Nov 6th, 1984. CL lottery went on sale on October 3rd, 1985 with scratch-off tickets and a Lotto game with weekly draws began on October 14, 1986.
According to the Act, 50 % of California lottery revenue should be paid to the public as Prizes and 34% should be given back to public education. The remaining 16% of CL lottery revenue to be spent on lottery administration. Later in 2010, the California Lottery Act was amended and the allocation is increased to at least 87% should go to the Public as Prizes and funding the state education. Since its inception, CL lottery has paid more than $27 billion to the public as prizes.
California Lottery started offering Mega Millions to its players in 2005 with its first Draw held in Hollywood. With a minimum Jackpot of $15 million, residents were queued up in advance to purchase the tickets. Mega million is one of the most popular lotteries in California.
California joined Powerball on April 8th, 2013. The first draw of Powerball happened on April 10th.
California as of today has 5 state only Lottery games including Daily Derby, a horse racing-themed game.
The regular games include...
Daily 3, players have to pick three digits 0 through 9 and the play style. The bet is $1 per draw and player can choose to select 14 consecutive draws in advance. Two draws everyday live telecast.
Daily 4, just like Daily 3, but have to select 4 digits 0 through 9. The draws held once in every day.
Fantasy 5, the players has to choose five numbers from 1 through 39. The game costs $1 per game. The Drawings held at 6:35 evening and telecasted at 6:59 PM. The jackpot begins at $70000.
Super Lotto Plus, the biggest California lottery after Powerball and Mega Millions. It is drawn every Wednesday and Saturday. Initially, it was called as California Super Lotto later renamed to Super Lotto Plus in 2000.
Apart from above draw games, California lottery also offers many Scratch Cards also called as “Scratchers”.
For details of California lottery and latest news visit California Lottery Official Website