(Clive, IA) — The Iowa Lottery is breaking several records already with one month remaining in the fiscal year. Lottery C-E-O Matt Strawn says the amount of money turned over to the state set one of the records.
He says the Iowa Lottery produced nearly 95 million dollars in proceeds through May – a 30-percent increase in year-over-year proceeds performance. The 12-month record was 92-point-eight-million dollars. Straw says the record proceeds are the result of sales that have surpassed 400-million dollars for the first time in the Iowa Lottery’s 36 years. Strawn says the previous one-year record for sales was 390-point-eight million in fiscal year 2019. He says the COVID pandemic is the behind the massive increase in sales.
That increase was driven by scratch tickets – which have surpassed 300-million dollars through May.
