Come here often? Make XFINITY.com your homepage » close

close

Your XFINITY Connect session has timed out due to inactivity. Click here to go back close

DailyFinance: The 10 States That Pay Out the Biggest Lottery Jackpots

1. New York

Largest Single Jackpot: $336 million (two-state lottery win shared with California, 2009)
Prizes Paid: $4 billion
Ticket Sales: $7.66 billion
State Profit From Sales: $2.7 billion
Government Use: Education

Besides having the largest lottery system in dollar terms in the country, New York has one of the richest histories of government-run gambling. Since the late 1880's, lotteries and raffles have been used to raise funds for regional public works projects. New York was one of the first states to begin a state-wide system as well, voting in the program in 1966. Since the lottery began in official capacity the following year, more than $36 billion has been raised to fund education. This sum accounts for approximately 13 percent of all the money that has been raised in the history of U.S. state-run gaming.

(AP Photo/David Duprey)

More From DailyFinance:
How to be Prepared for a Worst-Case Scenario
Eight Money Lessons for New College Grads
Top Gift Ideas for Mother’s Day That Won’t Break the Bank



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

Ad Info - Ad Feedback

Ad Info - Ad Feedback

Loading...