© 2022 KGOU
News and Music for Oklahoma
Play Live Radio
Next Up:
Available On Air Stations

$52.7 Million In Tobacco Trust Earnings Certified

Brian Hardzinski

State Treasurer Ken Miller says Oklahoma's Tobacco Settlement Endowment Trust Board of Investors certified $52.7 million in annual earnings Thursday. The money will be used to fund the prevention and reduction of tobacco use and other health issues. 

“We are carefully investing the funds to ensure Oklahomans get the most benefit,” Miller said in a statement. “This certification reflects an increase of $13.6 million or 35 percent over the funds made available last year from Oklahoma’s share of the tobacco settlement.”

The board has certified more than $242 million in earnings since voters approved the endowment in 2000.

Oklahoma is the only state with a constitutionally protected endowment funded by the tobacco settlement.


KGOU is a community-supported news organization and relies on contributions from readers and listeners to fulfill its mission of public service to Oklahoma and beyond. Donate online, or by contacting our Membership department.

More News
Support nonprofit, public service journalism you trust. Give now.