Australians Spend Over $7 Billion Annually on Lotteries
Despite rising living costs, Australians are reportedly spending more than ever on lottery tickets.
Data from the Queensland Statistics reveals that Australians spent over $7 billion on lotteries during the 2020-21 financial year, marking a significant increase from $4.3 billion a decade ago in 2010-2011.
The figures include various lottery types, including scratch cards. New South Wales residents topped the spending with $1.9 billion, followed closely by Victorians at $1.8 billion. The findings coincide with a Queensland Accountability Office report, stating that residents in the state lost over $500 million on lotteries during the 2022-23 financial year.
12 February 2024, 20:33
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