Overall, the state has given away more than $24.6 billion since 1972.
In 2020 alone, the MI Lottery contributed over $1.179 billion to the Fund. All proceeds from the lottery winnings go to the School Aid Fund. It was established back in 1972 under the authority of Public Act 239. Powerball Calculator: Payout, Tax & Annuity Explained.Mega Millions Payout Calculator: Payout, Tax & Annuity Explained.Lottery Odds Calculator: Calculate Your Odds of Winning The Lottery.
