🎈 A decades old family-fun NJ festival is cancelled for 2025. 🎈 It will be the second year in a row it’s axed. 🎈 Organizers blame spiraling costs for the cancellation. Hate to burst your balloon, but The New Jersey Lottery Festival of Ballooning will not happen in 2025, according to a message on the festival’s website. This marks the second year in a row the popular festival has been cancelled.