These scholarships are funded by the lottery
South Carolina lottery players racked up almost half a billion dollars for educational programs during the last year, according to a statement from the S.C. Education Lottery Commission.
Lottery officials are calling the 18-19 fiscal year — which began in July 2018 and ended in June this year — “its best year ever,” raising a total of $487.6 million, according to the statement.
Last year, the lottery raised about $435 million for education.
The record-setting year was part in due to a lucky winner bringing home the $1.5 billion Mega Millions jackpot, according to the statement. The winning ticket was purchased in October 2018 and was claimed in March.
Lottery winners also had a “sustained interest in instant ‘scratch-off’ games,” which helped bring in money, according to the statement.
Money raised through the lottery is sent to the Education Lottery Account, and state legislators can then use the money for scholarships, grants, K-12 programs and community education programs
Since 2002, $5.5 billion have been raised by the state lottery.