Veterans trust should not depend on lottery

Wednesday, July 8, 2015

The Iowa Veterans Trust Fund has depended since 2008, in part, from the veteran-themed instant games of the state lottery.

According to a recent edition of the Quad City Times, last fiscal year, the veteran lottery game generated $1.8 million in profits, barely half of what was promised.

Legislation approved this year, effective July 1, sends a dedicated disbursement of $2.5 million in lottery profits to the trust fund. This is a step in the right direction, but it would be more appropriate to find a totally different funding source for this trust.