Journal of Economic Perspectives: Vol. 4 No. 4 (Fall 1990)


Quick Tools:

Print Article Summary
Export Citation
Sign up for Email Alerts Follow us on Twitter


JEP - All Issues

On the Economics of State Lotteries

Article Citation

Clotfelter, Charles T., and Philip J. Cook. 1990. "On the Economics of State Lotteries." Journal of Economic Perspectives, 4(4): 105-119.

DOI: 10.1257/jep.4.4.105


This article examines several aspects of the economics of state lotteries, focusing primarily on the demand for lottery products. We begin by giving a descriptive overview. The succeeding sections examine the motivations for playing lottery games and evidence on the determinants of lottery demand. The final section considers the welfare economics of the apparent objective of lotteries—to maximize profits for the state.

Article Full-Text Access

Full-text Article (Complimentary)


Clotfelter, Charles T. (Duke U)
Cook, Philip J. (Duke U)


View Comments on This Article (0) | Login to post a comment

Journal of Economic Perspectives

Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)


JEP - All Issues

Virtual Field Journals

AEA Member Login:

AEAweb | AEA Journals | Contact Us