• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Recreation / Entertainment / Iowa Lottery planning first ever raffle

Iowa Lottery planning first ever raffle

September 12, 2007 By admin

They’re used by all sorts of groups to raise money, and now the Iowa Lottery is preparing to launch its first ever raffle. Lottery spokeswoman, Mary Neubauer, says the lottery has been considering a raffle for some time.

Neubauer says raffles have been offered in several other states and have done "exceedingly well," and the Iowa Lottery has been trying to figure out how to fit the raffle in with its other games. Neubauer says they hope to begin selling the raffle tickets next year. She says they’re shooting for the raffle to start sometime next spring, with the drawing sometime around the first day of summer.

The tickets would cost $20 and be sold at the same terminals where you buy PowerBall tickets. The unique feature of the raffle compared to other lottery games, is that there is a guaranteed jackpot winner.

Neubauer says the raffle will have at least one top prize of one million dollars, and several smaller prizes in the 100 or 50,000 dollar range. She says they plan to only sell 120,000 tickets. Neubauer says they aren’t worried the raffle will hurt sales of other lottery tickets. She says they think the raffle would have enough of a niche market, that people would play it as well as the other games they play on a regular basis.

Players wouldn’t be the only ones winning on the raffle, Iowa Lottery officials say the raffle has a potential to bring them $800,000 in profit.

Share this:

  • Facebook
  • Twitter

Filed Under: Recreation / Entertainment Tagged With: Gambling

Featured Stories

Bill would limit placement of solar arrays on farm ground

Marquette casino moving to land, leaving only 2 casino boats in Iowa

Reynolds signs her ‘school choice’ bill into law

Governor Reynolds touts 2024 Iowa Caucuses in Inaugural Address

University of Iowa grad presiding over U.S. House Speaker vote

TwitterFacebook
Tweets by RadioIowa

No coaching changes coming for Iowa football

Iowa State names new receivers coach

No. 2 Iowa visits No. 1 Penn State in wrestling dual Friday night

Iowa’s Clark brings increased exposure to women’s basketball

No. 18 Iowa State women visit TCU

More Sports

Archives

Copyright © 2023 ยท Learfield News & Ag, LLC