The vouchers will be given to all NSW residents aged over 18 and can be used at eateries and on arts and tourism attractions across the state.

Member for Cootamundra Steph Cooke said the vouchers were part of a flagship $500 million program.

"So many of our small businesses have had an incredibly difficult year and these vouchers will hopefully give them the boost they deserve.," Ms Cooke said, adding that the vouchers provide an opportunity for everyone to enjoy themselves now Covid restrictions have relaxed.

"I am very hopeful we will see people visiting our beautiful region and making the most of these vouchers, as well as locals continuing to support the businesses they love," Ms Cooke said.

Treasurer Dominic Perrottet said the $500 million Out & About program is designed to boost businesses hit hard by the pandemic, by encouraging people to get out and enjoy the best of NSW.

"No industry has felt the economic impacts of COVID-19 more than the hospitality, arts and tourism industries," Mr Perrottet said.

"NSW acted swiftly to save lives and stop the spread of COVID-19 and we want to help businesses by encouraging spending within local communities, especially within the hospitality, arts and tourism sectors."

Two of the four vouchers can be used for eating in at venues such as restaurants, cafes, clubs and other food service venues, and two vouchers can be used for entertainment and recreation, such as cultural institutions, performing arts, cinemas, and amusement parks.

Service NSW will operate a pilot of the scheme throughout December in the Sydney CBD before launching Out & About across NSW in the new year.

Vouchers will not be redeemable for tobacco, alcohol or gambling.