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Khalid Jones

Khalid Jones

Executive Director, Virginia Lottery

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 2024, the Lottery's profits totaled more than $934 million, accounting for approximately 10 percent of school funding in Virginia. Also, in 2020 the Virginia Lottery was assigned a regulatory role over casino gaming and sports wagering in the Commonwealth.

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, Khalid 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, his passion for addressing challenges with innovative solutions will guide the Virginia Lottery to new heights of success built on a core foundation of integrity.

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