New Jersey will receive at least $525 million as part of a landmark multistate settlement with Meta Platforms Inc. that requires the company to make sweeping changes to how Instagram and Facebook operate for children and teenagers, Attorney General Jennifer Davenport announced Wednesday.

The settlement, which is subject to court approval, could provide New Jersey with more than $752 million. The agreement is part of a broader settlement valued at between $12.1 billion and $17.1 billion, which state officials described as the largest state consumer protection settlement in U.S. history outside of the Big Tobacco settlements of the 1990s.

The agreement resolves claims brought by 47 states and the District of Columbia, Puerto Rico, American Samoa and the Northern Mariana Islands alleging that Meta designed its platforms with addictive features, exposed young users to serious mental health risks and misled the public about the safety of its products.

Under the settlement, Meta would be required to implement a series of new protections for young users on Instagram and Facebook.

Among the measures is a combined daily usage limit of two hours for Instagram and Facebook, with automatic pauses after 15 minutes of continuous use and additional pauses after 60 and 90 minutes. The restrictions would remain in place for five years.

If Snapchat, TikTok and YouTube adopt comparable restrictions, the daily limit would fall to 60 minutes and the provisions would remain in effect for 10 years.

The settlement also calls for overnight restrictions preventing young users from accessing the platforms between midnight and 6 a.m., as well as limited school-day access and push notifications between 8 a.m. and 3 p.m. on weekdays during the school year.

New Jersey began co-leading a bipartisan multistate investigation into social media platforms in 2021. State officials said the investigation found that Meta designed Instagram features to encourage addictive use while internally documenting resulting mental health concerns and failing to adequately warn parents.

The multistate lawsuit was filed in 2023 and alleged that Meta knowingly developed features that encouraged excessive use among children and teenagers, disrupted sleep and distracted students during the school day, while misleading users and the public about the risks.