Sunday, June 4, 2023

US states where residents buy the most lottery tickets

Massachusetts residents are the biggest producers of lottery tickets, with New York ranking fourth, according to an estimate of the virtual financial market company LendEDU.

From the Census data, the researchers determined the average amount of money that residents in each state spend on lottery tickets.

The analysis, the results of which were released last April, shows that the annual per capita expenditure of a resident in that state is $734.85. Massachusetts is followed by Rhode Island, where the average lottery ticket spend is $513.75 a year. The other three states in which lottery tickets cost players the most are: Delaware, $420.82; New York, $398.77; and West Virginia, $359.78.

On the other hand, North Dakota turned out to be the state where people will spend the least on lottery tickets at $34.09. This is followed by Oklahoma, $43.74; Montana, $53.19; New Mexico, $65.84; and Nebraska, $78.52

The study also revealed that the largest and most famous cities had the largest annual revenue from lottery ticket sales.

The New York Lottery is the main source of income from ticket sales

Under that line, New York tops the list with $7,783,768,000; followed by California, $5,524,851,000; Florida, $5,277,739,000; Massachusetts, $5,005,635,000; and Texas, $4,281,136,000.

North Dakota once again led the list with the lowest state salaries with $25,84,000. The remaining four with the lowest revenue from lottery ticket sales are: Montana, $55,451,000; Vermont, $104,861,000; New Mexico, $137,017,000; and South Dakota, $147,933,000.

“Did We Get Lucky?, LendEDU Lottery Study and Report,” also found that lottery players win more prizes with a $1 scratch after an experiment with a $1,000 scratch on these cards as part of the research.

However, the researchers stated that this was the case because these tickets were the most common type of pass through the margin.

Keep reading:

Lottery Players More With $1 Scratch-offs, Study Reveals

A man in California stops a business to buy coffee and finally win a $1 million lottery scratch off

Kentucky man who wins $10,000 in Scratch-Off lottery wins $50,000 in another of these games

Nation World News Desk
Nation World News Desk
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news


Please enter your comment!
Please enter your name here