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Lottery gives $385M to education in fiscal 2009

Posted June 23, 2009

N.C. Education Lottery
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— The North Carolina Education Lottery on Tuesday transferred another $78 million to the state for education spending, bringing the total for fiscal 2008-09 to $385.5 million.

Lottery officials said the total tops the goal set for the year, and a final transfer will be made in a few weeks to cover the proceeds from ticket sales in the last weeks of June.

"We are incredibly proud to have met this goal earlier than anticipated and that we can contribute to the state revenue during such tough economic times," lottery director Tom Shaheen said in a statement.

Since its inception in March 2006, the lottery has provided $1.1 billion to public education in North Carolina.

State law designates that 50 percent of proceeds be split between pre-kindergarten programs for at-risk 4-year-olds and reducing class sizes in the early grades, 40 percent to school construction and 10 percent to college scholarships.

21 Comments

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  • grenlyn1 Jun 25, 2009

    "State law designates that 50 percent of proceeds be split between pre-kindergarten programs for at-risk 4-year-olds"

    This is the More at Four Program for which Katie dear is wanting to cut! So why are they? Why are teachers losing their jobs with $1.1 million dollars being raised through the NC Education Lottery? How insulting can this get? Show me the money!!!!!

  • Milkman Jun 23, 2009

    Go Lottery!! That could have been almost $400M that we didn't have tax increases to get. Makes me want to go play more, and see if I can't get an $88M windfall like the guy in Kings Mountain.

    Ahh the hipocracy of Bev, who one day takes away, what $100M of that money to put into the General Fund, and then the next day, flys all over the state saying we should support higher taxes because cutting education is so wrong. So far this year, Bev has taken more money away from NC students than anyone else!

    Y'all voted for her, enjoy her.

  • supersolo Jun 23, 2009

    OMG 1.1 BILLION. People, there's no excuse for budget cuts for education. Go to the Gov. Beverly Perdue site, go to the AG. Roy Cooper site, DEMAND that there be NO BUDGET CUTS FOR EDUCATION and EXPLAIN why cuts and deals are needed 1.1 BILLION dollars later! Insane!

  • shep8851 Jun 23, 2009

    given to education--then stolen by the Legislature and Governor..because they don't want to seriously cut spending--or cut entitlement programs that support illegal aliens.

  • Commonscents Jun 23, 2009

    What percentage of total lottery revenue is that $385M??? Seems like a key point that is missing here.

  • mochabrown Jun 23, 2009

    They will probably ask for it back.

  • are we there yet Jun 23, 2009

    I was anti-lottery from the beginning of NC first getting it, I never drove to another state to play, and havent played here since we got it. But my perception changed alot when my daughter received a NC Ed Lottery scholarship for college. I still havent played, but since my family is now a recepient of the benefits, Im not totally against it anymore.

  • kenshi Jun 23, 2009

    Lisa4 said: "If $389M was given to education then why are class sizes being doubled & why are teachers losing their jobs???? Where is the money REALLY going????"

    Well it takes a LOT more than 389 million to keep schools going, plus Gov Bev took part fo teh lottery monies to pay for other school stuff this year so it didn't go to the school projects it had been targeted for. It did still go to schools, just not where it was labeled for.

  • R_U_breakdance fighting Jun 23, 2009

    PARENTS, TAKE RESPONSABILITY FOR YOUR CHILDS EDUCATION! if you're childs' school needs money then get off your rear end and do something about it. I see so many complaints but rarely see action.

    Take a look around the schools, many of them are in the process of either adding class rooms or new schools being built or receiving much needed upgrades. That cost money, money that is spent faster than received.

  • lisa4 Jun 23, 2009

    If $389M was given to education then why are class sizes being doubled & why are teachers losing their jobs???? Where is the money REALLY going????

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