Statewide, Iowa — Big jackpots for Powerball and MegaMillions helped push Iowa Lottery sales up in the early part of its fiscal year that started in July.
Iowa Lottery CEO, Matt Strawn, gave details to the Lottery Board on December 6th.
Strawn says raw sales data from November indicates it was the third-highest-grossing month of sales in the Iowa Lottery’s 37-year history.
He says Lottery proceeds through October are up nearly two percent at almost $33.9 million.
Chief Financial officer, John Roth, says the lotto ticket sales were up more than 38 percent compared to the same time last year.
He says that is impressive considering there was also a large Powerball jackpot in that time frame last year. MegaMillions also contributed to the increased bottom line.
Roth says scratch ticket sales had been slowed by higher gas prices, but they have seen some improvement in those ticket sales as gas prices have begun to come down.
