It’s called the South Carolina Education Lottery
But when you pick up a scratch-off or play the Pick 3, do you ever stop and wonder where exactly your money goes?
When that final ball falls, you'll probably end up crumpling that ticket and throwing it in the trash. After all the odds are stacked against you.
But your loss on that quick pick is a win for students around the state.
"It helps significantly," Cliff Warren with the Colleton County School District said. “Any help that we receive in public education, we are excited to have."
In fact about 18 percent of all lotto proceeds go to public schools across the state. That amounts to nearly $924 million dollars over the past 16 years since 2002, when the lottery was founded.
For Charleston County, that's meant almost $46.5 million in funding. For Dorchester, it's been nearly $22 million. while in Berkeley, it's been over $24 million. Colleton has gotten a little over $9 million.
Leaders there are happy to have it
“The lottery has been a big help to public education. Though a majority of that goes to colleges and we would like to see more of that go to K-12 education.” Warren said. "
Over $500 million goes to primary education. Another $104 million to the Education Accountability Act to improve the overall quality of South Carolina education.
Then there are those school buses.
"Our bus fleet has improved over the years, but we would love to see more in that area," says Warren.
In total, $129 million from the lottery has gone to purchase 1,800 new buses across the state over the years.
But the vast majority of all South Carolina Education Lottery proceeds --- about 81 percent, or $3.46 billion dollars --- are used for higher education and college scholarships.
Money from the lottery is also set aside for libraries SCETV and gambling addiction programs.
So next time, you feel bad about spending that dollar, just think about it as an investment in our state future.
To see how much your school district receives, GO HERE.