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South Carolina Lottery Earns $435 Million For Education Including Scholarships

Financing July 2018
The South Carolina lottery generated a record $435 million for education for the fiscal year that ended June 30. Most of the money raised by the lottery goes for merit-based, college scholarships. Some of the money also goes for K-12 education and to buy school buses and pay for other education programs.

COLUMBIA, S.C. (AP) — The South Carolina lottery generated a record $435 million for education for the fiscal year that ended June 30.

The South Carolina Education Lottery said in a statement Monday that the increase of $30 million for education purposes comes from the continued popularity of instant "scratch-off" games.

The lottery reported that draw games like Pick 3, Pick 4 and Cash 5 and the big jackpots of Powerball and Mega Millions also contributed to the increase from the previous record of $405 million.

Most of the money raised by the lottery goes for merit-based, college scholarships. Some of the money also goes for K-12 education and to buy school buses and pay for other education programs.

Read about how the Arkansas scholarship lottery raised Nearly $92 Million for college scholarships at https://www.hispanicoutlook.com/articles/arkansas-scholarship-lottery-raised-nearly-92m-col

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