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State audit outlines lottery ticket sales

Ever wonder how much money is collected by the Iowa Lottery Authority from lottery games.
According to an audit report from Rob Sand, State Auditor, total sales for the year ending June 30, 2022 was $432,690,152.
A breakdown from the different lottery tickets:
Scratch ticket sales – $293,126,549
Instaplay Sales – $23,436,815
Pick 3 Sales – $9,265,786
Pick 4 Sales – $5,602,823
Powerball Sales – $53,076,000
Mega Million Sales – $20,375,167
Lucky for Life Sales – $8,071,004
Lotto America Sales – $7,011,217
Pull Tab Sales – $12,698,408
Other – $26,383
Prize expenses totaled $274,214,108 and other expenses were $59,472,764. The Iowa Lottery deposited $95,251,422 in the State’s General Fund; $2,500,000 in the Veterans’ Trust Fund; $100,000 to Public Safety Survivor Benefits Fund; and $100,00 to DOC Survivor Benefits Fund.
Prizes awarded for the year ending June 30, 2022:
Scratch ticket prizes = 67% of scratch ticket sales
Instaplay prizes = 73% of Instaplay sales
Pick 3 prizes = 60% of Pick 3 sales
Pick 4 prizes = 60% of Pick 4 sales
Powerball prizes = 50% of Powerball sales
Mega Millions prizes = 50% of Mega Millions sales
Lucky for Life prizes = 59% of Lucky for Life sales
Lotto America prizes = 50% of Lotto America sales
Pull-tab prizes = 62% of Pull-tab sales
The Iowa Lottery spent $8,393,217 on advertising production and media purchases for the year ending June 30, 2022, representing 1.94% of revenue. Iowa law allows the Iowa Lottery Authority to spend up to 4% of revenue for the marketing of lottery games.
The Iowa Gaming Association is a non-profit organization that was created in 1999 to support the state’s gaming industry. There are 19 state-regulated licensed casinos in Iowa.

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