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Audit: NC Education Lottery netted $1.5B in sales

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RALEIGH, N.C. (AP) - An audit of the North Carolina Education Lottery shows the agency took in $1.5 billion in sales in fiscal 2012.

The State Auditor's office released its report Tuesday. It said the take for the previous fiscal years marked an increase of $135.6 million over 2011.

The report said the lottery's four cash transfers for the year reached $456.8 million, the largest transfer in the agency's history. For 2011, the cash transfer totaled $446.9 million.

According to the audit, the lottery awarded $1 million or more for the 110th time. It increased the number of retailers by 2.7 percent to 6,787. Also, the release of 49 new instant scratch-off games into the marketplace generated sales of $960 million.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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Education Lottery

Based on the audit, how much is actually going to the classroom? How much is going to TV ads. How much is going to management and expenses?

Lottery

We need to have mechanical slot machines in a hotel or in a building to bring in more taxes. That taxes can be building or brought into NCDOT therefore no one be taxed or have to pay a toll going over the bridge if built. Have to think before doing things.