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Nationally, the rate was 32.7%.2 Economics of tobacco use and tobacco control How much does New Jersey get from tobacco taxes New Jersey received $879.4 million (estimated) in revenue from tobacco settlement payments and taxes in fiscal year 2020.4 Of this, the state allocated $7.2 million in state funds to tobacco prevention in fiscal year 2020, 6.9% of the Centers for Disease Control and Preventions annual spending target.4 Smoking-caused health care costs: $4.06 billion per year.4 Smoking-caused losses in productivity: $3.15 billion per year.5 New Jersey tobacco laws New Jersey cigarette tax Tobacco taxes New Jersey is ranked 12th in the U.S