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Working Paper
State lottery revenue: the importance of game characteristics
Previous studies find state lottery sales are significantly influenced by socioeconomic characteristics of the population. We extend this literature by examining how the overall expected value, the top prize, and the total combinations influence sales after controlling for these other socioeconomic factors. We perform our empirical analysis on an unparalleled set of data that includes information for 135 on-line lottery games in the United States. Our results show that sales are significantly influenced the top prize amount and odds of winning it, but that sales are not significantly affected ...
Journal Article
Behind lottery mania: what Southeastern states can expect
Journal Article
Gambling: A sure thing?
An in-depth look at Ninth District gambling, from state lotteries to Indian casinos to Internet gambling.
Journal Article
Conference flush with lessons on sports, entertainment, gambling
Working Paper
Income and lottery sales: transfers trump income from work and wealth
Previous studies have examined the effect of income on lottery ticket expenditures using an aggregate measure of income, usually personal income. Reasons exist, however, for believing that lottery expenditures do not respond equally to all sources of income. This paper examines the propensity to purchase lottery tickets from separate types of income, namely income from earnings, transfer payments, and wealth. Using county-level data for five states, we find evidence that lottery expenditures respond differently to changes in each income type, and that ticket purchases are most strongly ...
Journal Article
Winning ticket : lottery coming to North Carolina
Working Paper
A closer look at the tax incidence of instant lottery games: an analysis by price point
The tax incidence of different price-point instant lottery games is examined. Theoretical reasons exist for expecting higher-priced instant lottery games to be less regressive than lower-priced instant games. Using game-level data from a sample of states, the empirical results show that higher-priced instant games are significantly less regressive than lower-priced games. For some games, regressivity is rejected in favor of proportionality. In addition, the tax incidence of individual instant games is quite different than that for all instant games combined. This suggests that large ...
Working Paper
No smoking at the slot machines: the effect of a smoke-free law on Delaware gaming revenues
As communities around the nation consider laws restricting smoking in public places, a key political and economic issue that often arises is the effect that such laws have on the sales and profits of particular sectors. The gaming industry has been active in opposition to such ordinances, citing large prospective losses. This article analyzes the revenues of three gaming facilities in Delaware following the implementation of a smoke-free law in December 2002. Revenues are found to have declined significantly at each of the three facilities, with relative magnitudes of losses corresponding to ...
Journal Article
Taking food from mouths?
Do lottery tickets and other forms of gambling compete with essentials in the household budget? Yes, says a recent economic analysis, but that's not necessarily a bad thing.