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Annual Lottery Week 2022: NJ Celebrating Lotteries’ Contributions to Communities

By rlsmetro on
New Jersey

 In collaboration with lotteries across North America, New Jersey Lottery has declared the week of July 17 as the fourth annual observance of Lottery Week.  

Officials said Lottery Week is a celebration of lotteries across the United States and Canada in acknowledgment of their collective contributions to the communities they serve.

According to NJ Lottery officials, on average, about 95% of funds generated from traditional U.S. lottery games go directly back into the economy through prizes, public beneficiaries, and retailer commissions. 

While individual jurisdictions vary across the industry, it is estimated that lotteries return an average of 65% in prizes to players, 24% to public beneficiaries, and 6.2% to retailer commissions. The remainder supports lottery operations, providing direct and indirect employment and other benefits.

In the 2021 fiscal year, U.S. lotteries generated over $105.2 billion in sales, resulting in more than $28.1 billion for their beneficiaries.

New Jersey generated sales of $3.683 billion and contributed $1.105 billion to the State. Lottery profits protect the retirement benefits of those who serve our communities, including New Jersey's teachers, police officers, firefighters, and other public employees.