Americans spent an average of $206.69 each on lottery tickets in 2016, and the amount varied widely by state, according to MarketWatch. The top-spending state that year was Massachusetts at an average of almost $735 annually. States, on the other hand, took in a combined $66.8 billion.
The odds of winning the Powerball? They are one in more than 292 million, according to the Powerball website. Odds are this isn’t the best way to spend your money.
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