Winter Weather, Lack of Big Jackpots Blamed for Lower Lottery Revenue

Powerball game sold by the Iowa Lottery. (WHO-HD)

Powerball game sold by the Iowa Lottery. (WHO-HD)

DES MOINES, Iowa — The Iowa Lottery says there two big reasons the lottery made less money this year compared to last.

The figures show the lottery sales totaled more than $314 million. That’s down about $25 million from last year.

Lottery officials say the winter blizzards are one of the big reasons for the decline.

The other is there weren’t as many big Powerball jackpots compared to 2013.

“Statistically, we know that our results will fluctuate from year to year, but we anticipate that lottery games will continue to be a consistent, key source of proceeds for vital state causes here in Iowa,” says Terry Rich, Iowa Lottery CEO.

The lottery contributed nearly $74 million from profits to state causes like the Iowa Veterans Trust Fund and the Vision Iowa program. Projects paid for by the state General Fund also benefitted.

Lottery officials say the H-Vee on East Euclid was the top retailer in the metro area. It made over $617,000 in lottery sales.

1 Comment

  • William Denison

    Maybe the poor,the addicted and the simple minded who play these games are now tapped out.

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