Policy, Participation and Revenue in Washington State Lotto

Stuart E. Thiel

National Tax Journal, 1991, vol. 44, issue 2, 225-35

Abstract: Attempts to develop and exhibit a model of state lotto sales, both for a single drawing and for the dynamic structure of the game as the jackpot accumulates. The main policy result is that a decision to reduce the odds of winning in an effort to generate more interest in Lotto will work whether or not the large jackpots change public attitude about tickets.

Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:ntj:journl:v:44:y:1991:i:2:p:225-35

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