Are all lotteries regressive? Evidence from the Powerball.: An article from: National Tax Journal

by Emily Oster

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This digital document is an article from National Tax Journal, published by National Tax Association on June 1, 2004. The length of the article is 4082 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the author: The regressivity of lotteries has become an increasingly important issue in the U.S. as the number of state-run lotteries has increased. Despite this, we still know relatively little about the nature of lottery regressivity. I use a new dataset on Powerball lotto sales to analyze how regressivity varies with jackpot size within a single lotto game. I find that this large-stakes game is significantly less regressive at higher jackpot sizes. Out-of-sample extrapolation of this result suggests the possibility of progressivity at jackpots substantially higher than those currently experienced. This may indicate that concerns about regressivity might be allayed by concentrating lotto games to produce higher average jackpots.

Citation Details
Title: Are all lotteries regressive? Evidence from the Powerball.
Author: Emily Oster
Publication: National Tax Journal (Refereed)
Date: June 1, 2004
Publisher: National Tax Association
Volume: 57 Issue: 2 Page: 179(9)

Distributed by Thomson Gale

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