2022 Lottery Statistics: Survey Reveals Participant Habits

Already in 2022, the US had a handful of record-setting lottery jackpots value over $400 million. However have you ever ever puzzled what you’d do with all that money if it landed in your checking account?

We surveyed greater than 1,100 folks to ask them about their lottery taking part in habits, and the way a lot they might give (or preserve) in the event that they gained the jackpot. Though some Individuals stated they might share the wealth, it seems they’re not all the time keen to go 50/50 with their vital others.

2022 Lottery Taking part in Habits

One out of 4 play the lottery as soon as a month or extra, however it’s the large jackpots that appear to lure extra folks. Greater than two out of 5 stated they play the lottery when the prize will get astronomical. Virtually one-third (31%) will purchase only one ticket, however one out of 4 are keen to drop cash on 5 or extra tickets of their quest to win all of it.

As for lottery numbers, most individuals depart that as much as likelihood! Practically seven out of ten folks depend on random numbers when taking part in. However for individuals who select their numbers, the bulk go along with their fortunate quantity, birthday, household birthday, or anniversary. A small 4% put their religion of their favourite athlete on and off the sphere and use the athlete’s jersey quantity for his or her lottery quantity.

The majority (86%) of people that have performed the lottery stated they’ve gained… not less than one thing. Seven out of ten have gained $99 or much less. Just one respondent surveyed stated they gained $10,000+ (we’re jealous)! Both manner, 49% say successful the lottery conjures up them to play once more.

However not everybody tries their luck with the lottery. One out of 5 folks stated they don’t play. Of these, half stated they might play if another person purchased them a ticket. One out of ten stated they might play if that they had some higher on-line lottery choices.

Lottery Ticket Belief

Folks put a variety of belief of their family members or pals relating to the lottery. Half of respondents stated they’ve purchased tickets for a member of the family or buddy, and almost 80% have performed the lottery with coworkers.

Virtually half (47%) have agreed upfront to separate the cash with a member of the family, buddy, or coworker in the event that they gained the lottery. About two of 5 simply made the promise verbally, however three respondents truly put their promise in a signed authorized doc!

However what would occur in the event you purchased a member of the family or coworker a $1 million ticket? Folks count on their coworkers to cough up the cash greater than household. Practically 60% stated they’d count on to get a portion of the winnings from coworkers, in comparison with 40% who count on it from household.

On common, folks count on to get $20,000 much less from their coworkers than members of the family. Folks additionally don’t suppose their coworkers would truly observe by with their guarantees. Practically half (49%) suppose their coworkers wouldn’t pay out their share. Evaluate that to solely 16% who suppose their members of the family would refuse to pay.

Lottery Jackpots & Your Job

Juggling the Jackpot

Profitable the jackpot comes with its personal set of powerful choices. Most (4 out of 5) would preserve it a secret in the event that they gained. Three out of 5 would inform their vital different first about it, however 2% truly admitted they would go away their vital different in the event that they gained all of it. Ouch.

Practically 90% of individuals would give away a few of their winnings. Many of the cash would go to household, however about three out of 5 would additionally give cash to their vital others or donate it. Two out of 5 stated they’d give a part of the jackpot to their pals, and solely 4% could be keen to present cash to their coworkers.

If folks gained $1 million, they might solely give their vital different one-quarter of the winnings. On common, folks stated they’d give $283,573 to their associate. But when the roles have been reversed, respondents estimated their companions could be extra keen to present cash.

Folks guessed their companions would share a median of $291,689! As for household, folks stated they’d give them $158,233 and donate about $52,646. Buddies and coworkers would get the least sum of money.

Greater than two out of 5 could be anxious about misspending the cash in the event that they gained the jackpot. Seven out of ten would take it unexpectedly in a lump sum and put it right into a checking account, 401k or the inventory market. Two out of 5 stated they might make investments it in cryptocurrency. 

As for the highest purchases: winners would go first for a brand new house, journey, or automotive. Sounds good, proper? Could the percentages be ever in your favor.

Methodology

In April 2022, we surveyed 1,108 Individuals about their lottery taking part in habits. Respondents ranged in ages from 18 to 77 with a median age of 41. 49% have been male, 49% feminine, and 1% have been nonbinary. 

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