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Lottery transfers $8.5 million to the Education Fu

Columbia, SC: On Friday, September 13, 2002, the South Carolina Education Lottery (SCEL) transferred $8.5 million to the State Treasury for the Education Lottery Account.

To date, the SCEL has transferred over $100 million dollars to the Education Fund.

The Education Lottery Act requires that the SCEL make a monthly transfer of all lottery proceeds to the State Treasurer.

Since January 2002, the SCEL has returned over $100 million dollars to the State of South Carolina’s Lottery Education Fund. All of SCEL’s net proceeds go to pay for specific educational programs, including South Carolina’s HOPE, LIFE, Palmetto Fellows, National Guard and 2 year institution’s scholarship programs. For a complete listing of programs funded by lottery dollars, please visit our website: www.sceducationlottery.com

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