(Columbia) Nov. 12, 2003 - Three years ago, Governor
Jim Hodges campaigned for a state lottery modeled after
Georgia's, geared toward college scholarships, "This
lottery will revolutionize access to higher
education."
Since his pitch, the lottery was not only introduced,
but it has flourished. The lottery has brought in $1.2
billion since 2001 and it continues to grow.
Executive Director Ernie Passailaigue says this year
the lottery will probably be the state's only positive
revenue source, "Last year, we generated $45 million
more than what the legislature appropriated."
Where is all that money going?
Fifty-eight percent goes back to prizes. Seven
percent goes back to the stores that sell the tickets.
Six percent goes to lottery administration and 29
percent goes to education, both scholarships and K-12.
Governor Mark Sanford wants to see more go to
education. He proposes cutting down on money that goes
back to the stores and administration costs like
advertising, "If you look at the lottery's own analysis,
the biggest drive for participation in the lottery is
the size of the pot."
The lottery spends $6.5 million a year on
advertising. Sanford is asking them to start producing
their commercials in house.
Sanford says even the people who draw the lottery
numbers every night take up a portion of the pot, "The
lottery spends $60,000 a year for people to stick their
hand in a jar. $60,000."
The governor says the money could help K-12 get a
bigger piece of the pie. The money for education is
divided up with 62% going to college scholarships and
34% going to K-12 schools. Sanford says last year that
amounted to about $80 million for schools, "Our real
crisis in education is K-12. If half the kids don't make
it through high school, the least of our worries is
college."
Frank Knapp of the Small Business Association says
the lottery's intent was to help with tuitions, "I think
it's unfair to go back and renege on that promise simply
because people have other educational needs."
The question remains. Just who should the education
lottery educate?
By Megan
Hughes
Posted 11:01pm by BrettWitt