Nevada is known for its entertainment and hospitality. So it's little surprise the Silver State is among the top spots in WalletHub's ranking of the most fun states in the nation .

WalletHub, a personal finance website, ranked states by the number of entertainment venues, amenities per capita, shoreline mileage and the frequency of events such as music festivals. It then organized the data into two categories: entertainment and recreation and nightlife.

Here's how Nevada ranked, why the Silver State earned a high ranking and how other states fared.

Is Nevada a fun state?

In WalletHub's ranking, Nevada earned the No. 3 spot overall, behind only California (No. 1) and Florida (No. 2).

Nevada was brought down by its entertainment and recreation rank, earning the No. 8 spot in that cate

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