October 2, 2014
A new state audit of the Iowa Lottery shows sales increased 14.6 percent over last year.
According to reports, revenues for the lottery rose to $311 million in the fiscal year that ended June 30th. The previous year revenues were $271.5 million.
Most of the increase was due to more sales of instant-scratch tickets, Powerball and Mega Millions tickets. Scratch tickets brought in $188.8 million while Powerball brought in $57.9 million. Mega Millions sales were at $22.3 million. More than $182 million was handed out in prizes.
Money deposited into the state's general fund totaled more than $76 million and $2.7 million was deposited into the veteran's trust fund.
The State Auditor's office released the annual audit report Friday.