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Khalid Jones, Executive Director of the Virginia Lottery; “Giving Back to Virginia Public Schools”

Khalid Reede Jones was appointed by Governor Glenn Youngkin as Executive Director of the Virginia Lottery in April 2024.  As background, the first Virginia Lottery ticket was sold on September 20, 1988. All profits from Virginia Lottery ticket sales go to K-12 public education, as required by Virginia's constitution. In Fiscal Year 2023, the Lottery's profits totaled more than $867.4 million, accounting for approximately 10 percent of school funding in Virginia.

Khalid brings a unique blend of law, technology, and innovation to the role. Khalid’s career has spanned roles as founding partner in a boutique investment firm with a strategic focus on real estate, media, sports, and technology, and a decade-long tenure as an attorney specializing in securities litigation. 

Most recently, as part of his business practice, Mr. Jones has become one of the nation’s experts in licensing consulting, providing legal and strategic advice to state and national lottery organizations providing the expertise to lead Virginia’s lottery system at a crucial time of growth and expansion. 

A proud alumnus of Wake Forest University and Stanford Law School, and his passion for addressing challenges with innovative solutions will guide the Virginia Lottery to new heights of success and integrity.

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