The Michigan Lottery was established on Aug. 1, 1972, with the implementation of Public Act 239. The lottery had been made legal on May 16, 1972, by a constitutional amendment.[lxxi] Except for the lottery money that is set aside for the compulsive gaming prevention fund (the lesser of 10 percent or $1 million), the net earnings of state lottery games are deposited in the state school aid fund. In fiscal 2006, about $688,017,340 was added to the school aid fund from lottery profits.
[lxxi] For a complete history, see "Michigan Lottery Through the Years," Michigan Lottery,