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$185 MILLION DOLLARS FOR EDUCATION THIS YEAR AND S
5/16/2003

Columbia, SC: On Thursday, May 15, 2003, the South Carolina Education Lottery (SCEL) transferred $21.8 million in net lottery proceeds for the month of April 2003 to the Education Lottery Account (ELA). During the first ten months of the fiscal year ‘03, the SCEL has transferred more than $185 million into the ELA.

Of that amount transferred, more than $4 million represents unclaimed prize money which is appropriated for school buses and gambling addiction programs.

“To have reached the BEA’s [Board of Economic Advisors] estimate two months before the end of fiscal year ’03 is a true testament to the dedication of our staff, retailers and players,” stated Ernie Passailaigue, SCEL’s Executive Director. “Our goal is always to maximize the benefits of every lottery dollar for education.”

Each month the SCEL is required to turn over its net proceeds for the previous month’s sales. The BEA forecasted the SCEL to transfer $172 million to the ELA this fiscal year.

Since January 2002, the SCEL has transferred more than $265 million to the State Education Lottery Account for distribution according to South Carolina Legislation. The SCEL’s net proceeds pay for specific educational programs, including South Carolina’s HOPE, LIFE and Palmetto Fellows Scholarships; the National Guard Scholarship Program; Lottery Tuition Assistance for two-year programs within the state’s university system; a wide range of technical upgrades for state colleges and universities; school buses; local libraries and gambling addiction services. For a complete listing of the legislative distribution of lottery dollars, please visit our website: www.sceducationlottery.com.

“Have fun. Play Smart. Play Responsibly.”


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