National Lottery participation and expenditure: preliminary results using a two stage modelling approach

John Sawkins and Valerie Dickie

Applied Economics Letters, 2002, vol. 9, issue 12, 769-773

Abstract: Using data from the Family Expenditure Survey, this paper analyses participation in, and expenditure on, the UK National Lottery by individuals for the period 1995/1996 to 1999/2000. Probit and truncated Tobit models are employed in a two part estimation. The results highlight the importance of gender, age, education, marital status and occupation in individual participation and expenditure decisions.

Date: 2002
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DOI: 10.1080/13504850210129441

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