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11:16 a.m. • 2-11-12

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Bill would increase state's lottery tax


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Lottery
Lottery

New legislation in the North Carolina Senate would increase the state tax on lottery winnings in an effort to help more teachers cover classroom expenses.

Sen. Neal Hunt, R-Wake, co-sponsored Bill 2086. which would increase state taxes to 8.25 percent.

The games, officially called the North Carolina Education Lottery,  are intended to provide support for education, and that money goes to school districts.

As the tax structure is now, 7 percent of winnings go toward state taxes; 25 percent go toward federal taxes. On a $10,000 prize, for example, $700 would go to the state; $2,325 would go to the U.S. government.

Under the proposed increase, $125 more would go to the state.

"This is just an effort to make sure that the proceeds of the lottery, some of the proceeds of the lottery, go to teachers to enable the best teachers to be rewarded to help them cover classroom expenses and other expenses associated with being a teacher," Hunt said.

The money would go into a Public School Teacher Expense Stipend Fund and be distributed on a quarterly basis.

Next year, the Lottery expects to transfer nearly $385 million to the state to support education.

RELATED TOPICS: Public Schools

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27 Comments


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Neal Hunt, R-Wake I hereby call a vote of no confidence. Resign now or be humiliated.

Mr. or Mrs. Co-sponsor - I hereby call a vote of no confidence. Resign now or be humilated.

mo taxes, mo taxes, mo taxes! NC is famous for the taxes laid out. The return is pathetic. It would behoove those lawyers writing laws in Raleigh to turn their avarous claws from the tax payers to the spenders & determine why the primary/secondary schools are so pathetically low in national achievement scores for the $$$ invested. I would think their ability to sniff out the geldt would be very useful in determining where the waste of $$$ lies - unless of course it gets redirected to the pockets of their kith & kin... a lovely NC tradition.

If the NC General Assembly is going to tax the lottery even more, why not just privatize it and tax it.

dlentz2 - Sen. Neal Hunt, R-Wake, co-sponsored this bill. He is NOT a democrat.

How about a bill to ban the ridiculous EOGs and go back to teaching grammer and basic mathematics so people can function in society again.

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