Coughlin, Cletus C.; Garrett, Thomas A. - Federal Reserve Bank of St. Louis - 2008
Previous studies have examined the effect of income on lottery ticket expenditures using an aggregate measure of income …, usually personal income. Reasons exist, however, for believing that lottery expenditures do not respond equally to all sources … of income. This paper examines the propensity to purchase lottery tickets from separate types of income, namely income …