California Lottery Sponsors Financial Literacy Courses for Teens
SACRAMENTO – In honor of April being recognized as Financial Literacy Month in California, the California Lottery today announced a new partnership with the YoungBiz Foundation California to sponsor a series of financial literacy seminars for Sacramento-area teens.
The Lottery will sponsor 175 local teens, ages 13-17, to participate in one of the five Teen Be Money Smart Workshops offered by the YoungBiz Foundation California. The one-day workshops will allow students to participate in hands-on activities, games and contests with prizes that demonstrate the importance of good financial acumen.
“The Lottery is pleased to play a role in helping teens realize the importance of sound financial planning,” Lottery Director Joan Borucki said. “Skills like learning how to be a wiser consumer, as well as gaining insight in to banking, budgeting, savings and credit card use are invaluable lessons for California students.”
The courses, which all take place on University of Phoenix campuses, are on the following days:
Saturday, March 27 – 9 a.m. to 2 p.m. – 516 Gibson Drive in Roseville
Saturday, April 10 – 9 a.m. to 2 p.m. – 22860 Gateway Oaks Drive in Sacramento
Saturday, April 17 – 9 a.m. to 2 p.m. – 2882 Prospect Drive in Rancho Cordova
Saturday, April 24 – 9 a.m. to 2 p.m. – 516 Gibson Drive in Roseville
Saturday, May 1 – 9 a.m. to 2 p.m. – 9280 West Stockton Blvd. in Elk Grove
The primary mission of the YoungBiz Foundation California is to provide real world, hand-on financial entrepreneurial and business education programs to youth in our communities. All of the Foundation’s programs are sponsored by business institutions, grants, donations and other philanthropic entities and administered in partnership with local schools and youth serving agencies. For more information about the YoungBiz Foundation California, please visit http://www.youngbiz.com.
The California Lottery is celebrating 25 years of enhancing education and supporting local communities. More than 95 cents of every Lottery dollar is returned to the community in the form of contributions to education, prizes and retail commissions. The Lottery contributes at least 34 cents of every dollar that players spend on Lottery products to public education and returns more than 50 percent of sales to players in the form of prizes. Since the Lottery’s inception in 1985, Lottery players have contributed nearly $22 billion to California schools out of total sales of more than $59 billion. Retailers benefit too, earning $3.8 billion in compensation since 1985.