Victory Lake is one of 20 sandpit lakes within Fremont Lakes State Recreation Area, located 3 miles west of Fremont, Nebraska. The lake is part of a 300-acre water system spread across 40 acres of land.

IMPORTANT REGULATION: As of 2023, non-powered vessels including kayaks and canoes are not allowed to operate on Victory Lake. This regulation is permanent and specific to Victory Lake and Lake #10 within the recreation area. The lake is designated for motorized vessels only.

For those interested in motorized activities, Victory Lake is one of only two lakes in the recreation area where powerboating is permitted (along with Lake #10). The lake features sandy beaches and is popular for water skiing and tubing, though regulations limit towing to one person at a time. A 5 mph/no wake speed limit is enforced from sundown to sunrise.

The lake offers good fishing opportunities for largemouth bass, bluegill, crappie, and channel catfish. Muskellunge are stocked in nearby Lake 20. Several fishing amenities are available throughout the recreation area, including floating piers, ADA-accessible fishing decks, and fishing nodes.

Facilities include: - The Tow Line Restaurant offering food service and convenience items - Swimming beach (no lifeguards) - Boat ramp - Modern restrooms and showers - Picnic areas - Camping facilities nearby

While Victory Lake itself is not available for paddling, other lakes within the Fremont Lakes system remain open to non-powered vessels and electric trolling motors, providing alternative options for paddlers visiting the area.

Due to its history as a former gravel pit in the 1950s-60s, the lake features deep water despite its relatively small size. The surrounding landscape is characterized by mature shade trees and grasslands typical of eastern Nebraska.