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LOTTERY TRANSFERS TWO BILLIONTH DOLLAR TO THE EDUCATION LOTTERY ACCOUNT
8/13/2009 10:32:25 AM

The Lottery Transfers Two Billionth Dollar to the Education Lottery Account

Columbia, SC (August 13, 2009) – Total funds transferred to the Education Lottery Account (ELA) by the South Carolina Education Lottery (SCEL) since inception exceeded $2 BILLION on August 13, 2009.

SCEL deposits net proceeds into the ELA each month. The General Assembly appropriates these funds to support a wide range of educational initiatives including college scholarships and grants; kindergarten through 12th-grade reading, science, math, and social studies instruction; the Endowed Chairs Program; and technology upgrades at public 4-year and 2-year institutions of higher education.

For detailed information on where the money goes, visit sceducationlottery.com. The Lottery’s website includes county-by-county totals for appropriations to scholarships, K-12 education, and county libraries. A detailed breakdown of appropriations made by the General Assembly from the ELA is available online on the Budget and Control Board’s website at http://www.budget.sc.gov/OSB-historical.phtm.

In the year that ended June 30, 2009, more than 97 cents of every dollar spent by players on the South Carolina Education Lottery was returned to the state in the form of contributions to education, prizes, retailer commissions, and other payments to South Carolina residents and vendors.

Please contact Julie Huffman, Beneficiary Communications Coordinator, at julie.huffman@sclot.com for additional information.
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