N.C. Lottery to transfer $50 million to education
North Carolina's newly adopted lottery will make a $50 million contribution to the state's Education Lottery Fund on Wednesday the first transfer since the inception of scratch-off games three months ago.
This is a historical event for education in North Carolina, said Tom Shaheen, the state's lottery chief.
The lottery will make its next transfer in October, after the first quarter of the next fiscal year. As of Monday, the education lottery had sold more than $216 million instant-w ...
Jun 29, 2006, 12:45 pm - - Lottery News forum
Sale of Illinois Lottery could start a trend
If Illinois privatizes its lottery system, investors and public officials in other states will closely watch the groundbreaking move with an eye toward repeating it, a gaming industry leader predicted Wednesday.
Gov. Rod Blagojevich, a Democrat running for a second term in November, announced Tuesday a proposal to sell off or lease the state's lottery system to private investors in order to bolster school funding. He said the state could get $10 billion out of the deal and use the money to fu ...
May 25, 2006, 9:48 pm - - Lottery News forum
Many dislike Illinois Gov.'s lottery privatization plan
A day after Illinois Governor Rod Blagojevich unveiled his $10 billion school financing and education reform plan, lawmakers, local school officials and teachers union representatives raised serious reservations, suggesting that key portions of the proposal will face a rocky path.
Virtually every aspect of the agenda from state takeover of failing schools to merit pay for teachers to mandated after-school tutoring has its skeptics and detractors.
Overall, educators applauded Blagojevich ...
May 25, 2006, 6:21 pm - - Lottery News forum
Oregon Gov. signs bill sending lottery funds to schools
Passed by lawmakers in 6-hour session
At Roosevelt Elementary School in Medford, Oregon, Gov. Ted Kulongoski was joined Tuesday by students, teachers, education leaders and legislators for the signing of House Bill 3510, which dedicates an additional $42.2 million in state lottery money to all 198 Oregon school districts for the 2006-07 school year.
Last Thursday, at the governor's request, the Legislature met in special session and passed the bill to provide additional money to public sc ...
Apr 26, 2006, 10:12 am - - Lottery News forum
Tenn. Lottery transfers nearly $80 million to education
The Tennessee Lottery is giving the state $79.6 million for education today, a record for a single quarter since the lottery began more than two years ago, lottery officials announced.
Since the games' inception, $567 million has been raised for education. Most of that has gone into an education account paying for college scholarships. Of the total, $8.9 million has gone into the after-school program account.
Net sales for the third quarter, Jan. 1-March 31, were $265.9 million, bringing t ...
Apr 17, 2006, 1:54 pm - - Lottery News forum
Oregon Lottery may give $42 million in excess funds to schools
Gathered around a podium at Benson High School in Portland on Wednesday, key Republicans and Democrats alike proclaimed that a new day was dawning for Oregon schools.
With the blessing of House Speaker Karen Minnis, R-Wood Village, and Senate President Peter Courtney, D-Salem, legislators are poised to approve handing over $42 million in unexpected lottery revenue to public schools during next week's special session.
If approved, it would be the first time in years the state has announced ...
Apr 14, 2006, 8:42 am - - Lottery News forum
'Education Hero' wins lottery twice
The first time Maurice Wiley appeared on the California Lottery's Big Spin, he won $1 million.
The second time Wiley appeared, he was given the Hero in Education award for doing good things with his windfall.
Nobody expected to see him a third time.
When I found out he was going back on, I was like, 'What for?' said lottery spokeswoman Cathy Johnston.
On Saturday, the onetime Inglewood teacher won $100,000.
I tell you, I think I'm still dreaming, he said.
And he's still do ...
Apr 11, 2006, 10:12 am - - Lottery News forum
Mass. House to Lift Lottery Aid Cap
Massachusetts State Representative Daniel E. Bosley (D-North Adams) today announced that the upcoming House Ways Means budget will lift the cap on Lottery aid and send the highest levels of local aid to cities and towns in the Commonwealth's history.
The proposed total spending represents $920 million, an increase of $158 million over the current fiscal year expenditure and $260 million over Fiscal Year 2005.
Local aid is one of the most worthwhile investments the House makes each yea ...
Mar 30, 2006, 3:06 pm - - Lottery News forum
Idaho Lottery pays out $26M dividend to schools
Since 1989 Idahoans have bought $1.3 billion worth of lottery tickets and scratch games in hopes of hitting the big jackpot.
Tuesday, the Idaho Lottery Commission announced another winner Idaho's schools.
In its 2005 fiscal report, the lottery commission reports a record-setting dividend last year that saw $26 million go to Idaho's public schools and buildings.
That money was divided among the state's 114 school districts, and paid for the completion of 82 projects.
In 2005, Ad ...
Mar 16, 2006, 7:57 am - - Lottery News forum
N.C. lottery director says lower payouts could hurt sales
The law requiring the North Carolina lottery to return at least 35 percent of all ticket sales to state education programs could inhibit sales and ultimately cost the state money, according to the lottery's executive director and other experts.
To meet the requirement, North Carolina will pay out less to winners than neighboring states offer. Tom Shaheen, director of the state lottery and a past president of the North American lottery trade association, said that could mean fewer tickets ar ...
Mar 9, 2006, 7:18 am - - Lottery News forum
