Local News

2006 Top Newsmakers: North Carolina Education Lottery

Posted December 26, 2006 1:51 p.m. EST
Updated December 26, 2006 2:55 p.m. EST

— (March 30) Despite challenges concerning its legality, the North Carolina's Education lottery launched March 30, making North Carolina the last state on the East Coast to have a lottery.

Sales on the first day reached an estimated $8 million in scratch-off tickets.

Two months later, the state joined 28 others when the Powerball debuted with more than $2.5 million is sales. Two other numbers games -- Carolina Pick 3 and the Carolina Cash 5 -- launched in October.

Despite raising about $145 million for education programs during its first 10 months, sales were running far below state projections by mid-December.

At least 35 percent of net revenues from the North Carolina Education Lottery must be used for initiatives such as class-size reduction, preschool programs, school construction and college scholarships for needy students.