Nearly a million dollars was raised in a state-sponsored raffle designed to benefit K-12 schools.
The state established the program last year, allowing Alaskans to donate a portion of their permanent fund dividends to the raffle. The raffle generated $976,400, and 75% of that — $732,300 — will go to schools.
Fairbanks Republican Sen. Click Bishop introduced the legislation last year “to try to bring a little bit of certainty to public education funding and to help look at alternative ways for raising new revenue for education,” he said.
Bishop said he’s pleasantly surprised with the results of the raffle.
The money is divvied up with 50% going into the state education department budget and 25% going into an education endowment fund. The remaining 25% is used for a raffle fund and this year’s prizes.
There will be four winners:
- First place: $19,528
- Second place: $9,764
- Third place: $4,882
- Fourth place: $2,441
Bishop said he hopes the money generated from the raffle can be used by districts for programs such as pre-K and other early-learning programs.
“We all know that the most formative years for young people is in their first three and four years,” Bishop said. “And if we can start getting those kids some instructional knowledge at those early, formative years, it’ll make them more proficient in reading when they hit grades three and four.”
Gov. Mike Dunleavy has proposed budget cuts to public education in the state that total just over $300 million. The money generated from the raffle is a drop in the bucket in comparison.
Bishop said he’s hopeful the education raffle will grow in popularity.
“If I was the governor, I’d have a TV camera there when we pull the winners and have that publicized,” Bishop said. “And when that word gets out and you pull a winner, I think it’ll catch fire.”
Bishop said his office doesn’t have the numbers for how many people participated statewide in the raffle.
