I am so proud to tell you that today, the Iowa Lottery is sending nearly $1 million to the Iowa Veterans Trust Fund. It’s the lottery’s first transfer of proceeds to the fund, which directly benefits our state’s veterans and their families.
Last month, I blogged about the lottery’s new initiative to support veterans. The proceeds from an instant-scratch game (Stars & Stripes) and a pull-tab game (All American) already are dedicated to the Iowa Veterans Trust Fund, and we’ll come out with another set of games dedicated to veterans’ causes in January. And in each fiscal year going forward, we’ll have another four games to benefit veterans.
Today, the lottery will transfer $992,772.81 to the Iowa Veterans Trust Fund. That’s the proceeds total from the sale of veterans-benefit lottery tickets during the first quarter of FY 2009. We anticipate we’ll raise between $2 million and $3 million for veterans this year.
Thank you for all you have done to help us ensure a stable, ongoing source of revenue to help our veterans!
The Iowa Veterans Trust Fund was created to assist qualified veterans in paying for expenses such as:
- Travel expenses for wounded veterans directly related to follow-up medical care;
- Job training or college tuition assistance;
- Unemployment assistance during a period of unemployment due to prolonged physical or mental illness or disability resulting from military service;
- Benefits for a child or children of a disabled or deceased veteran following September 11, 2001;
- Individual or family counseling programs;
- And family and children support groups and honor guard reimbursement.
To learn more about the Veterans Trust Fund, visit www.iowava.org.
One of the questions that often comes our way focuses on the issue of easy picks (also called computer picks) vs. numbers you choose yourself in our lotto games. Specifically, which has a better chance of winning?
We get a lot of questions about the cash vs. annuity options for the jackpots in Powerball and Hot Lotto. People say they don’t understand why the lump-sum amount is less than the annuity option. And they want to know what happens to “the rest” of the money when they choose the cash option. They seem to think that someone, likely the government, ends up with the money they should have had.
In my personal life, I’m a purist who takes the holidays one at a time to savor each before moving on to the next. First comes Halloween, then comes Thanksgiving and then and only then is it time to get out the Christmas decorations.
I was on the telephone with someone at the D.C. Lottery when we began talking about recent Powerball and Hot Lotto winners. I told her that at the Iowa Lottery, we repeatedly hear that no one from Iowa ever wins the jackpot. (It's not true, but that doesn't stop the stories.) She immediately started to laugh.
We just got a great question from a lottery player and I want to answer it here on the blog because it covers an important issue about the receipts available in Iowa for lottery tickets. We’ve also posted a video about this question on our
We just posted a really fun video on our 



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