Audit: NC Education Lottery netted $1.5B in sales


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Submitted: Wed, 11/14/2012 - 2:23am
Updated: Wed, 11/14/2012 - 2:24am
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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 This material may not be published, broadcast, rewritten or redistributed.)

2 Comments

  • Guest1212 says:

    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.

  • Jay Merritt says:

    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?

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