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Americans shelled out $104.7 billion on lottery tickets in 2024, a record high. But is playing the lottery a good investment?

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Subject Matter Experts

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Jack Caporal

Jack Caporal

Research Director

Jack Caporal is the Research Director for The Motley Fool and Motley Fool Money and has worked full-time for the company since 2021. Jack leads efforts to identify and analyze trends shaping investing and personal financial decisions across the United States. His research has appeared in thousands of media outlets including Harvard Business Review, The New York Times, Bloomberg, and CNBC, and has been cited in congressional testimony. He previously covered business and economic trends as a reporter and policy analyst in Washington, D.C. He serves as Chair of the Trade Policy Committee at the World Trade Center in Denver, Colorado. He holds a B.A. degree in International Relations with a concentration in International Economics from Michigan State University.

Expertise

Data collection, analysis, and visualization; consumer research & insights; financial education

Past Experience

Reporter and Policy Analyst

Joel O'Leary

Joel O'Leary

Full-Time Personal Finance Writer

Joel O’Leary is a full-time Personal Finance Writer at Motley Fool Money, covering credit cards, bank accounts, investing, mortgages, and other personal finance topics. Joel has been writing about personal finance since 2018, previously leading editorial content for the How To Money podcast and serving as a resident writer at Budgets Are Sexy. He bought his first rental property at age 18, funding the down payment with savings from his high school job at McDonald’s -- a testament to his lifelong passion for smart money decisions. His work aims to make personal finance accessible and actionable for everyday readers. When he’s not writing, Joel enjoys surfing and spending time with his family.

Expertise

Credit cards, banking, investing, insurance, personal loans

Past Experience

Writer & Editor, How To Money
Resident Blogger, Budgets Are Sexy

Recent Research

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April 16, 2026 | By Jack Caporal

How Much Do Americans Spend on Gas Every Month?

Americans spent $201/month on gas in 2024, or 3.1% of their budget. See how spending varies by income, age, and state.
April 13, 2026 | By Jack Caporal

The Average Cost of Airfare: How Much Is a Plane Ticket?

The average cost of a domestic plane ticket is $370 as of the third quarter of 2025. Motley Fool Money has the latest airfare data by airport and route.
April 10, 2026 | By Jack Caporal

Lottery Statistics and Revenue by State

Americans shelled out $104.7 billion on lottery tickets in 2024, a record high. But is playing the lottery a good investment?
April 9, 2026 | By Jack Caporal

Is It Cheaper to Rent or Buy a Home? Comparing the Costs

Renters spent 29.8% of income on housing in 2024 vs. 17.9% for mortgaged owners. See how renting vs. owning costs compare, per BLS data.
April 7, 2026 | By Jack Caporal

Average Tax Refund in 2026, by Income, Age, and Filing Status

The average tax refund is $3,676 as of March 2026, per IRS data -- up 10.6% year over year. See refund amounts by income, age, filing status, and state.