I told people at the high school goodbye, left before the end of the day, and never went back to that fucking place.
That's how I did it. Your mileage may vary.
With that said, I think some states have different rules in terms of what age you're allowed to drop out at. For example, Illinois requires students to be 17 years of age (and receive parental consent, of course) to drop out. At that point you're better off just finishing high school. even if you want to rapidly track into college.
EDIT: I speak for the USA only.
And before you ask, our admissions are close to 100%, and our academics are some of the best in the country.
Was pretty pissed off at my guidance counselor for not telling me!