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Journal of Gambling Studies
Published in: Journal of Gambling Studies 1/2011

01-03-2011 | Review Paper

Lottery Gambling: A Review

Author: V. Ariyabuddhiphongs

Published in: Journal of Gambling Studies | Issue 1/2011

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Abstract

This paper presents an exhaustive review of the literature on lottery gambling involving numbers games, lotto, and scratch cards. Results provide tentative answers to the question why people buy lotteries, and support the theory of judgment under uncertainty, cognitive theory of gambling, and theory of demand for gambles. Results also indicate some potential addictiveness of this form of gambling. Youths buy different forms of lotteries and the best predictor of their lottery purchases is their parents’ lottery participation. Contrary to the myth that a big lottery win will ruin the winners’ lives, lottery winners tend to be well-adjusted and their life quality seems to improve. Suggestions for future research are discussed.
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Metadata
Title
Lottery Gambling: A Review
Author
V. Ariyabuddhiphongs
Publication date
01-03-2011
Publisher
Springer US
Published in
Journal of Gambling Studies / Issue 1/2011
Electronic ISSN: 1573-3602
DOI
https://doi.org/10.1007/s10899-010-9194-0

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