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North Carolina Gaming Summary

Background

North Carolina has a state lottery, a Class III tribal government casino (Harrah's Cherokee), and charitable gaming (bingo and raffles).

Lottery

Development: In August 2005, the North Carolina State Lottery Act (H. 1023) and the 2005 Appropriations Act (§ 622) was signed into law, which established the North Carolina Education Lottery. 100 percent of the net proceeds of the North Carolina Education Lottery will go to education expenses, including reduced class size in early grades, academic prekindergarten programs, school construction, and scholarships for needy college and university students. The first tickets were sold in March 2006.

Beneficiaries: Lottery funds make a difference across the state. By law, they pay for teachers’ salaries in grades K-3 to keep class size as small as possible, school construction, need-based college scholarships and financial aid, and academic prekindergarten for at-risk four-year-olds.

 

For more information:

North Carolina Education Lottery

 

Lottery Revenue Data (Fiscal Year)

 

Year
Total Sales
Prize Liabilities
Prize %
Net Revenue
Net %
2006
216,905,691
118,974,133
54.85%
64,217,055
29.61%
2007
866,195,000
451,791,593
52.16%
310,762,000
35.88%
2008
1,053,131,000
588,485,000
55.88%
343,485,000
32.62%
2009
1,288,103,000
731,690,000
56.80%
411,313,000
31.93%
2010
1,424,458,000
835,302,000
58.64%
430,569,000
30.23%
2011
1,464,640,000
862,996,000
58.92%
436,130,000
29.78%
2012
1,601,838,000
961,556,000
60.03%
459,927,000
28.71%
2013
1,695,009,000
1,024,437,000
60.44%
479,084,000
28.26%

Powered by GamblingCompliance.com. For current information, visit GamblingData.com.

Total sales reflects all money wagered on the lottery in the fiscal year in question. Prize liability is the total amount of prize money paid back to winners. Net Revenue (before operating expenses) is the total revenue minus vendor and retailer commissions and prize payouts. Prize and net revenue percentages are taken from the total revenues.

North Carolina Gaming Timeline

2005: Legislation creating lottery signed into law

2006: On March 30, first retail ticket sales


This project was made possible by a grant from the UNLV Libaries Advisory Board. For information about how to contribute to UNLV Center for Gaming Research and Special Collections development efforts, go here.


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Last modified Thursday, 29-May-2014 14:59:50 PDT