North Carolina Education Lottery performance audit : final report

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 Promote lottery beneficiaries and work with them to provide more direct linkage between
lottery funds and the benefits realized by the public.
PERFORMANCE REPORT
This Performance Report provides management and stakeholders with a snapshot of NCEL’s
performance relative to its peers, as well as a look at the NCEL’s performance over the last four
years. The Performance Report is comprised of two sections. The first section, Peer Review
Report, compares a set of NCEL’s key metric values to those of the selected peer group. The
comparisons included in the Peer Review Report are limited to key metrics that can be readily
compared to other lotteries. The second section, NCEL Trend Analysis, includes a larger set of
metrics and analyzes NCEL’s performance over the NCEL’s first four full fiscal years of
operation ( FY2007 – FY 2010).
Peer Review Report
The Peer Review Report uses Fiscal Year 2009 data to compare NCEL’s performance with that
of its peer group because 2010 data were not available during the performance review process.
In addition to the NCEL, the peer group includes:
 Georgia Lottery Corporation ( Georgia)
 South Carolina Education Lottery ( South Carolina)
 Virginia Lottery ( Virginia)
 Kentucky Lottery Corporation ( Kentucky)
 Tennessee Education Lottery ( Tennessee)
Profit Performance
Government- sponsored lotteries in the U. S. exist to raise funds for good causes. Therefore, the
most important financial measurement of a lottery’s success is the money raised for the good
causes for which it was established. The populations served by lotteries can be vastly different,
so comparisons of the relative performance of lotteries should account for differences in
population. Hence, Profits Per Capita is a leading measure for assessing the overall financial
performance of government- sponsored lotteries.
Profits: Total dollars raised for the good cause for which the
lottery was established and available for transfer to
the state.
Profits Per Capita ( PPC): Profits divided by the state population.