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Missouri schools not expecting budget boost despite sports betting revenue

Wednesday, August 19, 2026 7:21 PM
Photo: Old Mizzou flickr photo by vagabond by nature shared under a Creative Commons (BY-NC) license
  • Mitchell Kaminski, KMIZ-TV

When Missouri voters approved legal sportsbetting in November 2024, Winning for Missouri Education, backed by millions of dollars from DraftKings and FanDuel, touted millions in new revenue for the Department of Elementary and Secondary Education.

The Missouri Gaming Commission initially estimated the state would collect more than $6 million in its first year of legalized sports betting for education, with that figure expected to climb to about $20 million annually throughout the following four years.

However, despite $3.213 million being transferred into the Missouri Education Fund during fiscal year 2026 — the first year of legalized sports betting — school districts say they do not expect to see an increase in their budgets as a result.

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