Comment #1

wizeguy — Wed, 28 Feb 2007 18:48:24 GMT

The budget estimates that the lottery will generate $438 million in profits if changes are made to shift more ticket revenue toward prizes. The move would help boost instant-ticket sales and raise more money for education, Easley has said.

I suspect they knew this all along but decided to try and push it through after the fact to aid getting the lottery bill passed. They should have done this from the get-go. The business lost to other states may not all be won back now.

N.C. Gov. calls for shift of lottery funds

Lottery Post — Wed, 28 Feb 2007 14:54:01 GMT

Easley wants to take from scholarships and give to pre-K program

Gov. Mike Easley's spending plan for next year would shift profits from the N.C. Lottery toward a pre-kindergarten program at the expense of school construction and scholarships.

Easley has asked legislators to change the law so that he can earmark more money for the More at Four program, which prepares at-risk 4-year-old children for school. Easley wants to add 10,000 spaces in the program, which currently serves more than 1... [ More ]