Bloody Lake is a lake in Murray County, in the U.S. state of Minnesota.

The name Bloody Lake commemorates the Dakota War of 1862. However, there is an alternate hydronymy: that it was named before 1862, for the tannins produced by plants on the lake's shoreline that gave it a "rusty color".

Bloody Lake has been known for well over 100 years as one of the best fishing lakes in Minnesota, especially for winter ice fishing.

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