Where The Money Goes
When You Play The Lottery, Iowa Wins!
Each year, the Iowa Lottery raises tens of millions of dollars that
enrich life in our state. Today, lottery proceeds have three main purposes in
Iowa. They provide support for veterans; help for a variety of significant
projects through the state general fund; and backing for the Vision Iowa program,
which was implemented to create tourism destinations
and community attractions in the state and build and
How More Than $1.7 Billion In Lottery Profits Have Helped The State
Note: All of the amounts listed above are from fiscal year 1986 through the end of fiscal year 2016.
Since 1992, a majority of lottery profits have been directed into the state
general fund, where they are used to pay for programs that benefit all Iowans. In
the Iowa Lottery's latest financial year, the lottery raised more than $85 million in
proceeds that were deposited in the state general fund. Some of the programs that
receive money from the general fund include education, natural resources, health
and family services and public safety. The Governor and Iowa Legislature allocate
money from the general fund based on where they believe those funds are needed most.
The Iowa Plan was a long-term economic development program. It was
divided into four basic areas: a Jobs Now program designed to put people to work;
government construction programs; community and economic betterment; and educational
and agricultural research. Lottery profits were dedicated to the Iowa Plan from
fiscal year 1986 through fiscal year 1990.
The CLEAN Fund stood for Committing the Lottery to Environment, Agriculture and
Natural Resources. The program dedicated money to environmental and cultural causes.
Lottery profits were dedicated to the CLEAN Fund during fiscal year 1991.
Iowa Veterans Trust Fund
Since July 2008, a portion of lottery proceeds has been dedicated to the Iowa Veterans
Trust Fund to support our state's veterans and their families. The Iowa Lottery
currently provides $2.5 million annually in proceeds to the IVTF. The Veterans Trust
Fund was created to provide assistance to qualified veterans and their families for
expenses such as job training or college tuition assistance; some dental, vision and
hearing assistance; and individual or family counseling programs.
Iowa Gambling Treatment Fund
The Iowa Gambling Treatment Program provides treatment, counseling and outreach
programs for those concerned about gambling as well as the 1-800-BETSOFF helpline.
The Iowa Lottery is committed to responsible play and helps address the issue of
problem gambling. Each year, the lottery provides the public with information
about 1-800-BETSOFF by including messages about the helpline on millions of
lottery tickets, brochures and point-of-sale materials as well as other
publications. The Iowa Lottery also provided more than $15.7 million to the Iowa
Gambling Treatment Fund. In 2009, the Gambling Treatment Fund was eliminated,
with the Gambling Treatment Program now receiving its funding from the
state General Fund.
A portion of lottery profits have been earmarked for specific purposes within
the state budget.
Backing For Vision Iowa
In addition to those direct uses of Lottery proceeds, lottery profits are also
linked to the Vision Iowa program. Vision Iowa was implemented in 2000 to create
tourism destinations in the state, assist with community attractions, and build
and repair schools.
Direct funding for Vision Iowa comes from gaming revenues. However, as the
program was being initiated, investors indicated there was a need to strengthen
the Vision Iowa bonds by dedicating $20 million annually in lottery revenues
as a backup.
Legislation was approved that dedicates $15 million in lottery revenues to
programs for community attractions in Iowa and another $5 million to Vision Iowa
programs to build and repair schools if gambling revenues don't reach that
amount. Lottery funding will continue to be linked to Vision Iowa over the
20-year payback period of the program's bonds.
Return to top↑