Iowa Lottery starts new fiscal year with slight increase in sales

News

August 18th, 2025 by Ric Hanson

(Radio Iowa) – Iowa Lottery C-E-O Matt Strawn says the first month of the new fiscal year is starting with a little momentum.

Strawn says scratch tickets have remained strong, including a ticket celebrating the Lottery’s 40th anniversary. Sales of national lotto tickets have not been producing large jackpots, but Strawn says Powerball is now above 500 million.

The Powerball jackpot is at an estimated 605 million dollars for tonight’s (Monday) drawing. The other big lotto game continues to struggle.

Iowa Lottery sales in the last fiscal year that ended June 30th were down 11-point-two percent from the previous record fiscal year record. The record year saw five separate lotto game jackpots that exceed one billion dollars.