The authors analyze consumer expenditure on the National Lottery in Spain, a popular game with over 100 draws per year … surveys, National Lottery players tend to be middle-aged married males with relatively low education. In contrast to previous … research, the authors find a strong relationship between lottery expenditure and income, with estimated income elasticities of …

Anecdotal evidence indicates that many people pool funds to purchase lottery tickets. We investigate the … characteristics of such syndicated lottery play in Spain. The results indicate that the method of play, and the characteristics of … syndicate members, exhibits significant heterogeneity across different lottery games. Employed individuals are more likely to …