What you’d earn if you put winnings in a high-yield savings account During the last quarter of 2017, individuals in this age range spent about $132 on tickets, while those 45 to 54 spent about $77. According to the latest data available from the Bureau of Labor Statistics, those between the ages of 65 and 74 spend the most on lottery tickets and betting pools.
The last time the 45-state lottery game’s winnings grew nearly that high was in 2016 when the pot reached a world-record $1.586 billion, a sum that was ultimately shared by three people.Īmericans love to spend money gambling. Before a winner was officially declared on Tuesday, the Powerball jackpot had soared to $2.04 billion, making it the biggest payout in history.
