New study reveals how much New Jersey residents are spending on lottery tickets
The study by online casino platform Pulsz used 2023 lottery spending data from the U.S. Census, looking at income from ticket sales, prize payouts and population figures.
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A new study found that New Jersey ranks 15th in the country for lottery spending.
Residents spend an average of $378 per 1,000 people annually on lottery tickets, higher than the national average of $284.
The study by online casino platform Pulsz used 2023 lottery spending data from the U.S. Census, looking at income from ticket sales, prize payouts and population figures.
With over 9 million residents, New Jersey had a ticket sale income of $3,506,991, with a prize return rate of 63.6% - the 31st highest percentage in the nation at a total of $2,230,286 in prizes from total ticket sales.
Spending averages are still significantly lower in New Jersey than Massachusetts, which took the first spot with an average of $858 in ticket sales per 1,000 people.
Virginia residents saw the highest prize return numbers, typically getting back 77 cents for every dollar spent.
