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Lottery Gives $98M to Schools


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N.C. Education Lottery
N.C. Education Lottery

The North Carolina Education Lottery transferred almost $98 million to schools statewide for the first three months of 2008, marking the largest transfer of proceeds yet from the two-year-old games.

Gross sales for the quarter were $315 million, setting a record for the lottery, officials said. For the fiscal year, sales are $114 million ahead of the pace set a year ago.

To date, the lottery has raised $628 million for public schools in North Carolina, officials said.

“We are incredibly proud to have raised this amount of money for education in just two years of operations,” lottery director Tom Shaheen said in a statement. “All of us at the lottery are ecstatic that our efforts to increase sales are really starting to pay off."

RELATED TOPICS: Public Schools

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How many lottery employees with a bachelor's degree earn more than a teacher with a master's?

Why are we still reinforcing the idea that things matter more than people?

And I thought the economy was in the tank.

RocknRollDoctor - excellent idea.

They should legalize liquour stores while they're at it, and get out of the vices biz.

I would just like to know why it is that if all this money is being transferred to the schools, the cost of public education is still rising? Why it is that when I went to school, all I had to have was a pencil and paper, and now the kids need $200 calculators and 4gig flash drives. My daughter had a homework party last week and NONE of the girls there could do simple math without the calculator. Is this supposed to be better for our kids, or easier for the teachers??? I dread the first of the school year every year, because of the lists of items they demand for school use. My oldest is in the seventh grade and I have to pay for what ammounts to the old weekly readers we got in school, for her social studies class. They do all their work from these little pamphlets instead of having real books... Where is the money being used???

It is the NORTH CAROLINA Education Lottery, not the Wake County education lottery. And like road money, Wake County will get little if any school money. It will go to the rest of the state, who will then turn around and point at the "fat cats in Raleigh."

50% goes to pre-K programs, 40% goes to building new schools, and 10% to college scholarships. Of that 40%, 35% goes to counties with above average property taxes, for which Wake does not qualify. If we want more schools, we need to pay for them, a concept lost on people here.

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