Here’s a question to ponder as we head into the weekend. It came to us from a man named Matt on Facebook. He posted, “Random question that has always bugged me. Why is it called ‘Iowa Lottery’ when it’s the exact same lottery as other states?”
Now, that’s a good one! I think Matt is partly right and partly wrong. Here’s why:
It is true that you can buy tickets in Iowa in games that are sold in multiple states, including Powerball®, Mega Millions®, Hot Lotto® and All or Nothing™. But you also can buy lottery games here in our state that are completely unique to Iowa, including most of our scratch games and pull-tab games.
And bottom line, all of the proceeds from the sale of lottery tickets in the state of Iowa stay right here to benefit worthy Iowa causes. Since its start in 1985, the Iowa Lottery has raised more than $1.5 billion for the state programs that help us all. Today, lottery proceeds in Iowa have three main purposes: They provide support for veterans and their families through the Iowa Veterans Trust Fund; help for a variety of significant projects through the state General Fund; and backing for the Vision Iowa program, which was implemented to create tourism destinations and community attractions in the state and build and repair schools.
And that is why it’s called the Iowa Lottery. Great question, Matt!