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In the past few drawings, $1 million-winning tickets have been sold in Florida. A new report from LendingTree reveals how much residents spend on lottery tickets.
TAMPA, Fla. — The Powerball jackpot has surged to an estimated $1.8 billion, making it the second-largest jackpot in U.S. lottery history.
Since May 31, there have been 42 straight drawings without a big winner. This lottery streak has produced “101 winning tickets worth $1 million or more, and more than a thousand winning tickets worth $50,000 or more,” Powerball said.
In the past few drawings, $1 million-winning tickets have been sold in Florida. In fact, a new report reveals how much Floridians spend on lottery tickets overall.
How much do Florida residents spend on lottery tickets?
Researchers at LendingTree analyzed data from the U.S. Census Bureau 2023 Annual Survey of State Government Finances — the latest available. Analysts estimated the amount spent by residents of each state on lotteries, prize payouts and net losses on a per-capita basis.
The study found Americans overall spend an average of $320 on lottery tickets, a 3.6% increase from the previous year.
To compare, Florida residents spend an average of $425 on lottery tickets, the 11th-most nationwide. The state also pays out 67.3% of lottery spending in the form of winnings, with per-capita spending at $425.45 and per-capita payouts at $286.21, according to the study.
The full report can be viewed on LendingTree’s website.
When is the next Powerball drawing?
The Powerball drawing takes place live at 10:59 p.m. ET every Monday, Wednesday and Saturday. Tickets, which cost $2 per play, are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands.
The next drawing will take place on Saturday, Sept. 6, 2025.Â
