(Des Moines) - Lotto players took home over $200 million dollars between 2012 and 2013, making it a record-breaking fiscal 2013 for the Iowa Lottery. Along with $84.9 million that goes to the State of Iowa, lottery officials say that 2.1 million was raised for the Iowa Veterans Trust Fund.
“We had a very strong year, a very positive year, and a successful year. We believe that this long-term trend will continue,” exclaims Terry Rich.
Iowa Lottery CEO, Terry Rich, says scratch tickets sold twice as much as lotto tickets, but with the increased ticket prices, Powerball winnings skyrocketed.
Excitedly, Terry Rich announces that, “The powerball had a phenomenal year! Two jackpots over 500 million and two jackpots over 300 million.”
Rich says updated games, more game offerings in bars and big box retailers, and a new multi-state raffle are on the agenda for the next fiscal year.
Today Lottery proceeds in Iowa have three purposes, support for veterans and the Iowa Veterans Trust Fund, project assistance for the State’s General Fund, and Vision Iowa; which supports community and tourist development along with building and repairing schools.
Iowa Radio Network
July 25, 2013