There’s nothing like hearing the rumble of dice as they make their way around a craps table. The thrill of an underdog bet coming in at the last minute. Or the slow, sad downward slide of money from a royal flush.
There’s a reason why gambling is among the most popular pastimes. The gambling industry allows anyone to be a sports team owner for a day.
To be a fighter and go toe-to-toe with the best of them. And you don’t even have to know how to throw a punch.
In the article below, you can find some interesting gambling statistics. You can use these statistics to become a better gambler or improve your chances when playing the lottery. Read on to learn more about gambling.
Las Vegas Generated $6.59 Billion From Gambling in 2018
Gambling has been legal in Nevada for over 90 years. Las Vegas is the gambling capital of America, and a huge chunk of the state’s revenue comes from the gambling industry.
Even as more states legalize gambling, Nevada is generating more revenue than ever. The state pulled in more than $13 billion in gambling revenue in 2021.
The Largest Lottery Prize Ever Is $1.58 Billion
On January 13th, 2016, the largest lottery prize of any of the different types of lotteries went to a lucky couple in Florida. The lottery players chose to take the prize in a lump sum of $327 million. The couple did not disclose how they picked the best lottery numbers.
New Hampshire Created the First State Lottery System
The state of New Hampshire created America’s first modern lottery system in 1964. That year, the state generated about $5.7 million in revenue from the lottery.
The state’s lottery system has come a long way since then. New Hampshire generated $500 million in revenue from its lottery system in 2021.
44 Different States Have Lottery Systems
Most Americans have access to some type of lottery system in their state. This is true whether it’s a Powerball lottery or a scratch-off ticket like the Mass Lottery Scratch Smarter program,
People Aged 65-74 Spend the Most on Lottery Tickets
Americans who are retired or close to retirement age tend to spend the most on lottery tickets. The 65-74 age group spent an average of $132 on lottery tickets in 2018. That amounts to about $11 per month.
The State of Florida Generates the Most Revenue From Lottery Tickets
In 2021, the state of Florida raked in more than $9 billion in revenue from lottery tickets. North Dakota generated the least money from lottery tickets, pulling in a mere $30 million in 2021.
Reviewing the Most Interesting Gambling Industry Statistics
The gambling industry statistics in this article should help you understand the state of gambling in America. With so many states having lottery systems, the lottery represents a significant portion of state revenue.
America’s four largest states generated more than $34 billion in lottery revenue in 2021. You can learn more about interesting gambling industry statistics by staying up to date with the articles that go live on this website each month.