Lotteries operate today in many countries around the world. This type of gambling is usually
run by governments and is sometimes described as regressive. Lottery is an unfair bet, so …

This chapter surveys the literature on the economics of lotteries and is organized around two
central themes. The first section examines the microeconomic aspects of lotteries, including …

This paper investigates two central issues regarding state lotteries. First, analyses of multiple
sources of micro-level data demonstrate that household lottery spending is financed …

Existing lotto demand models utilize effective price, computed as the face value of a ticket
minus the expected value of prize money per ticket, as their primary explanatory variable. By …

This paper outlines the issues relevant to the design of pari‐mutuel lottery games and
makes inferences about game design effects from estimates of how rollovers affect sales …

Although the fact that sports lottery has become a prevalent phenomenon, it remains an
under-researched area in sport management literature. Based on Conlisk's (1993) theory on …

Several environmental changes in the 1990s–including the introduction of a national lottery,
the rise of Internet gambling, and the reduction of trade barriers within the EU–induced the …

We present an empirical test for the addictiveness of lottery gambling that exploits an
exogenous shock to local market consumption of lottery gambling. It uses the sale of a …

In October 2001, the UK government implemented a dramatic shift in gambling taxation,
resulting in a substantial decline in taxes levied on UK bookmakers. Using data before and …

We estimate annual income elasticities of demand for lottery tickets using county-level panel
data for three states and find that the income elasticity of demand (and, thus, the tax burden) …