Lee is alleged to have made 115 bets for $885 on the FanDuel mobile app.
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Ferentz says it's a deal-breaker if it's proven some of his Iowa football players made wagers on their own games.
A total of 15 football and basketball players and staffers with ties to the schools have been charged since last week in the ongoing investigation.
Lottery players will have another shot at a massive Mega Millions jackpot.
That nearly four-month-long unlucky streak could be all the sweeter for the person who finally wins.
A gambling scandal has left Iowa State with a quarterback quandary.
A total of seven current or former athletes at the two schools were criminally charged this week.
After no big winner Tuesday night, the Mega Millions jackpot climbed to an estimated $1.25 billion.
All are accused in the complaints of tampering with records related to an Iowa Criminal Division investigation into sports gambling.
If it seems like lottery jackpots topping $1 billion are more common noawadays, it's because they are.