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NCEL may refer to: *North Carolina Education Lottery North Carolina has one of the United States' youngest lottery systems, having been enacted in 2005. The North Carolina State Lottery Act created the 9-member Lottery commission who was charged with overseeing all aspects of the education lottery. 1 ... * Northern Counties East League {{Disambiguation ...
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North Carolina Education Lottery
North Carolina has one of the United States' youngest lottery systems, having been enacted in 2005. The North Carolina State Lottery Act created the 9-member Lottery commission who was charged with overseeing all aspects of the education lottery. 100% of North Carolina Lottery net proceeds go directly to benefit the state's education, with the current figure sitting at more than $9 billion since its inception in 2007. By law, lottery funds go to pay for school construction, need-based college financial aid, transportation, salaries for non-instructional support staff, and pre-kindergarten for at-risk four-year-olds. The State Lottery Act outlines how each and every dollar produced by the lottery will be spent. The revenue distributions are as follows: 51% was paid out in prizes, 38% was transferred into the education fund, 7% was paid to the retailers who sold lottery tickets, and 4% went to general lottery expenses. The controversial lottery proposal was approved on August 31, 20 ...
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