The pairwise lottery system is amultiple round voting procedure which chooses by lot a winner from a pair of alternatives to advance to the next round where in each round the odds of selection are based on each alternative’s majority rule votes. We develop a framework for determining the asymptotic relative likelihood of the lottery selecting in the final round the Borda winner, Condorcet winne...

Consider a lottery scheme consisting of randomly selecting a winning t–set from a universal m–set, while a player participates in the scheme by purchasing a playing set of any number of n–sets from the universal set prior to the draw, and is awarded a prize if k or more elements of the winning t–set occur in at least one of the player’s n–sets (1 ≤ k ≤ {n, t} ≤ m). This is called a k–prize. The...

This note investigates whether gains from lottery wins are strictly randomized across lottery winners. Using a unique longitudinal dataset of lottery winners in Britain, we offer new evidence that certain socio-economic characteristics strongly predict future winnings in the national lottery. This is the case even after controlling for individual fixed effects in the estimation. Researchers wor...

In this study we examine the impact of lottery sales and the introduction of new lottery games on the retail activity using panel data on all West Virginia counties over the 1987-2001 period. We find that the introduction of video lottery spurred retail activity in those counties that have been granted the authority to offer video lottery. Empirical analysis also suggests that there is a positi...

This article uses voting and sales data from the South Carolina Education Lottery to test whether the vote for a new lottery is driven by latent demand for lottery products or whether it reflects free-riding behavior or other public finance considerations. Including the predicted component of the lottery vote adds no explanatory power to a lottery sales regression. Given the dissimilarity of co...

The continued expansion of the casino industry has caused increasing concern regarding the cannibalization of other industries, and in particular, state lotteries. For example, Maryland Lottery sales flattened shortly after casinos began opening in the state. Although previous papers have found that casinos and lotteries have a negative relationship with each other, no previous research has ana...

Sports lottery, as a distinct sport product, has gained increasing popularity throughout the world. Drawing upon various theories developed over the years explaining the lottery gaming behavior, this study empirically examined the demand for the Shengfu lottery game, a popular soccer betting lottery in China. Specifically, this study examined the relationships between lottery demand and socio-d...

The game of lottery is both popular and simple. Focusing on the essentials, and leaving aside additional features of secondary importance, which vary across different lottery implementations, the rules of the game are as follows: each player submits to the lottery organizers a ticket consisting of M integers selected by the player, without repetitions, selection order being unimportant from the...