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The Dummies Guide' to Lottery Design

Author

Listed:
  • Walker, I.
  • Young, J.

Abstract

This paper outlines the issues relevant to the operation of lottery games. We consider how such games should be designed, what a portfolio of games might look like, how the operator should be regulated, how spending on lottery games should be taxed, and what considerations are relevant to the use of the revenue from such games.

Suggested Citation

  • Walker, I. & Young, J., 2000. "The Dummies Guide' to Lottery Design," The Warwick Economics Research Paper Series (TWERPS) 572, University of Warwick, Department of Economics.
  • Handle: RePEc:wrk:warwec:572
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    File URL: https://warwick.ac.uk/fac/soc/economics/research/workingpapers/2008/twerp572.pdf
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    Cited by:

    1. Tony Addison & Abdur Chowdhury, 2003. "A Global Lottery and a Global Premium Bond," WIDER Working Paper Series DP2003-80, World Institute for Development Economic Research (UNU-WIDER).

    More about this item

    Keywords

    LOTTERY ; GAMES ; MONEY ; TAXATION;
    All these keywords.

    JEL classification:

    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • H22 - Public Economics - - Taxation, Subsidies, and Revenue - - - Incidence
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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