North Carolina Education Lottery
- 2100 Yonkers Rd.
- Raleigh, NC 27604-2255 - US
- $671,261,549Transfers to Beneficiaries
Lottery Impact on the Economy
- In North Carolina, 0 retailers generated $2,605,312,000 in gross sales.
- This economic activity generated $671,261,549 in transfers to beneficiaries.
- $0 was awarded to players in prizes.
History of North Carolina Education Lottery
The North Carolina Education Lottery was created in August 2005 when the State Lottery Act was signed into law. It established a nine-member Lottery Commission to initiate, supervise and administer the lottery. Four instant games were offered when ticket sales began on March 30, 2006.
The Lottery’s first draw game was Powerball, and sales began on May 30, 2006. It was followed by two North Carolina-only games in October, Carolina Pick 3 and Carolina Cash 5. Carolina Pick 4 was added in April 2009, and Mega Millions in January 2010.
Lottery proceeds, 100 percent dedicated to education, help pay for teachers’ salaries in grades K-3 to keep class size as small as possible, school construction, need-based college scholarships and financial aid, and academic pre-kindergarten programs for at-risk four-year-olds.
While lottery funds have always supported specific education initiatives in all 100 North Carolina counties, changes to the way those funds are allocated went into effect July 1, 2011. The legislature may now adjust how lottery dollars are allocated each year in the state budget.