Special Report

States That Spend the Most on Lottery Tickets

Lotteries are hugely popular in the United States. In 2015, American adults spent $66.8 billion on lottery tickets, amounting to about $270 per adult.

It’s not clear what drives such interest on a national scale — whether it’s because of innate optimism or economic desperation. What is clear is that the odds are against the players: in total, state lotteries pay out just over 60% of what they take in. Prizes awarded by state lotteries in 2015 totalled just under $43 billion.

Not every state participates in the lottery — 44 have a statewide system. Alabama, Alaska, Hawaii, Mississippi, Nevada, and Utah are the current exceptions, although bills have been proposed in the legislatures of several of these to change this. Wyoming recently introduced a lottery of its own, but data is not yet available for ticket sales or payouts for the state.

Click here to see the states that spend the most on lottery tickets.
Click here to read our detailed findings and methodology.

Sponsored: Tips for Investing

A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.

Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.