Ever wonder what your chances of winning the lottery are? Or, how much the average American spends on lottery tickets?
LendEDU just published an in-depth study of the lottery, featuring lottery data from the U.S. Census Bureau that was only recently released.
Here are some highlights:
- Interactive map and tables featuring the average lottery expenditure per capita in each of the 43 states that conduct a lottery (Massachusetts is number 1 by more than $200!)
- The yearly lottery revenue in each of the 43 states that conduct a lottery
- The results from LendEDU’s own lottery experiment, which we bought $1,000 worth of scratch-offs for. Did we win money or lose a ton?
The full report and methodology can be found here: https://lendedu.com/blog/lottery-study-report/
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