Economic shocks and lottery sales: an examination of Maine State lottery sales

C-Tier
Journal: Applied Economics
Year: 2020
Volume: 52
Issue: 32
Pages: 3498-3511

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Most U.S. states earn significant amount of revenues from lottery sales. However, they are also criticized for promoting the lotteries because they have been seen as taking advantage of poor populations. The purpose of this study is to identify the impact of various economic factors on lottery sales by using zip-code level sales within the state of Maine. The results show that an increase of 1% in unemployment rate results in a 0.38% increase in draw lottery sales, but it has no significant impact on instant lottery sales. This highlights the importance of differentiating between two major types of lotteries.

Technical Details

RePEc Handle
repec:taf:applec:v:52:y:2020:i:32:p:3498-3511
Journal Field
General
Author Count
2
Added to Database
2026-01-25