Significance
As a straw poll, the Ames Straw Poll's results are non-binding and have no official effect on the presidential primaries. However, the straw poll is frequently seen as a first test of organizational strength in Iowa by the news media and party insiders. As such, it can become very beneficial for the winning candidate on the national level because it builds momentum for their campaign, enhances their aura of inevitability, and shows off a superior field operation.
Since its founding, the winner of the Ames Straw Poll has gone on to win the Iowa caucuses 3 times out of 6 for that same election cycle. The winner of the straw poll has won the Republican presidential nomination 2 times out of 6 for that same election cycle. Two additional winners of the straw poll (George H.W. Bush and Mitt Romney) would win the Republican nomination, but not in the same election cycle that they won the straw poll. It should also be noted that historically, either the winner or the one in second place has gone on to win the Iowa Caucuses.
On a more local level, the Ames Straw Poll gives a major boost to the local economy. Thousands of people, including journalists, campaign staffers, and voters, arrive in town around the time of the poll. The Ames Straw Poll is one of the Iowa Republican Party's most lucrative fundraising events.
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