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Home > Economy News > Money spent on gambling in the US is staggering!

Money spent on gambling in the US is staggering!

Interest in gambling in the US has reached record levels in recent years, driven by factors such as rising income inequality and the pandemic.

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Published: 08.04.2024 12:19 Updated: 08.04.2024 12:19
Money spent on gambling in the US is staggering!

According to data provided by the North American Association of State and Provincial Lotteries (NASPL), the total amount of money spent on gambling in the US last year reached 113.3 billion dollars.

3 TIMES MORE THAN TURKEY'S AUTOMOTIVE EXPORTS

According to a report by Webtekno, the magnitude of this figure is better understood when compared to the 35 billion dollars in exports achieved by the Turkish automotive industry last year.

In popular games of chance like Powerball, jackpots have frequently begun to exceed 1 billion dollars recently, and the 1.3 billion dollar jackpot reached last weekend became the fourth largest jackpot of all time.


News Source: 12punto

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Automotive lottery America