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You are here: Home / News / Another sales record for Iowa Lottery scratch tickets, Powerball sales down

Another sales record for Iowa Lottery scratch tickets, Powerball sales down

July 20, 2017 By O. Kay Henderson

Total ticket sales for the Powerball lottery game fell during the past 12 months in Iowa due to the lack of high-dollar jackpots, but sales of scratch tickets continue to surge.

Iowa Lottery officials report more than $237.6 million worth of scratch tickets were sold during the past 12 months. That’s nearly $4 million above the previous year’s record and the third consecutive year of record sales for scratch tickets.

Powerball ticket sales were down 27 percent, however. There had been a big Powerball sales spike the previous year, due to a world-record jackpot.

The Lottery’s preliminary financial report for the past 12 months indicates about 81-million dollars in profits will be turned over to the state treasury. It’s the fourth time lottery profits have topped 80 million. The lottery’s CEO says the operation is in a “healthy position” and ended its fiscal year “well ahead” of sales and profit projections.

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Filed Under: News, Politics / Govt Tagged With: Gambling

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