Purtell, Robert M.; Fossett, James W. - In: Journal of Public Budgeting, Accounting & Financial … 22 (2010) 3, pp. 376-406
Several US states are exploring selling or leasing lotteries to private operators to plug budget gaps and fund new priorities. Given the long-term implications, governors, budget officials and legislators need a framework for analyzing lottery-sales' decisions. This paper presents such a...