So here's some info on lottery money per GCS Chief Financial Officer Sharon Ozment.
Estimated lottery distribution for GCS for 2008-09 = $7,979,864.
2008-09 GCS lottery distributions to date = $2,152,259 (first quarter amount)
"Governor redirected second quarter distribution to state operating budget to help address revenue shortfall. The second quarter distribution was not posted to our account so I do not know the exact figure but would estimate the figure to be approximately $2M. She may opt to do that again given current financial situation at the state level. Also recall that our 2008-09 lottery funds are targeted for debt service on local school bond referendums," Ozment wrote.
Also, there is House Bill 518 which would rename the lottery from the North Carolina Education Lottery to North Carolina State Lottery. It's sponsored by Rep. John Blust, a Guilford County Republican.
The Committee on Education is reviewing the bill.
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