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April 29, 2016


Hello! Great question. The first payment would be made within a few weeks (around three weeks) after you claimed the prize. That would allow time for the annuities to be issued that would be used to pay the prize over time and to take care of some other details that have to be completed before the first payment can be made.

Hi, Phillip. You're correct -- lottery purchases are an option for you and any other consumer. Food and medicine are necessities, lottery tickets are in the entertainment category, meaning they're something on which people spend their disposable income. We do our best to come up with entertaining games that offer entertainment to our customers, so we're sorry to hear that you're unhappy with our products. But I can tell you that the lottery's prize payouts and prize percentages in its games have gone up, not down. We appreciate you reaching out to us here on the blog.

So do you have to wait a year for the first payment?

scratch tickets particularly on the low end just don't pay off like they used to. the casinos give more bang for the buck. Your not the only game in town any more, and you the dollar to five group hardly ever see a winner. Most of us don't want to waste money on the high end and usually lose any way so anything over five is off to the casino.

Good question, Eric! As an Iowa Lottery player, the top two prizes in the game would be paid on an annual basis if you chose the annuity option.

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As the lottery’s vice president of external relations, I’m a member of the senior management team at the Iowa Lottery, where I’ve worked since 1999. I’ve spent my years at the lottery learning as much as I can about all the ins and outs of the lottery industry. I’ll put that knowledge to work here so I can share the behind-the-scenes details with you!