This bill mandates that the New Jersey State Lottery Commission display the overall estimated odds of winning a prize on lottery tickets and shares. For non-draw based games, these odds must be prominently shown on each ticket sold. In the case of draw based games, the estimated odds will be made readily available to consumers at the point of sale and on the official New Jersey Lottery website. The odds must be expressed in a standardized format, which will be determined by the commission.

Additionally, the bill defines a "draw based game" as one where tickets are generated from a gaming system, and winning numbers are drawn randomly, without a pre-determined outcome. The commission is tasked with creating necessary rules and regulations to implement these provisions in accordance with the Administrative Procedure Act. The act will take effect on the first day of the seventh month following its enactment, although the commission may take anticipatory actions to prepare for its implementation.