State Lotteries as Fiscal Savior or Fiscal Fraud: A Look at the Evidence

Mikesell, John L.; Zorn, C. Kurt

doi:10.2307/976304

Cited by 97 publications

(107 citation statements)

References 3 publications

Supporting

Mentioning

104

Contrasting

Unclassified

Order By: Relevance

“…1 Lottery research has focused on several key areas. The variability of lottery revenue relative to other sources of state revenue has been examined and discussed by Mikesell & Zorn (1986), Clotfelter & Cook (1989) and Szakmary & Szakmary (1995). Studies by Thiel (1991), Quiggin (1991), Scoggins (1995) and Garrett & Sobel (1999) have all examined the optimal prize and odds structure of lottery games, optimal in terms of lottery revenue maximization.…”

Section: Introductionmentioning

confidence: 99%

An International Comparison and Analysis of Lotteries and the Distribution of Lottery Expenditures

Garrett¹

2001

International Review of Applied Economics

View full text Add to dashboard Cite

Lotteries are found in nearly half of the world's countries, with annual worldwide lottery ticket sales topping $115 billion. Despite the global presence of lottery games, there has been little research conducted on any international aspect of lotteries. This paper presents the first-ever examination and comparison of lottery games from around the world. Differences in both absolute and relative lottery expenditures are presented. Estimates for the income elasticity of demand for lottery tickets provide evidence on the distributional burden of lottery expenditures. These estimates consider each country by continental location and country income level. Further analysis reveals that lower income countries could adopt Lotto games in order to increase revenues. Recognizing that the distributional impact of lottery games is one of the greatest concerns surrounding lotteries, it is shown that the introduction of Lotto games does not significantly affect the distributional burden of lottery ticket expenditures. Given the international scope of lotteries and the availability of international lottery game data, the paper concludes by discussing future research on international lottery games.

show abstract

Section: Introductionmentioning

confidence: 99%

An International Comparison and Analysis of Lotteries and the Distribution of Lottery Expenditures

Garrett¹

2001

International Review of Applied Economics

View full text Add to dashboard Cite

show abstract

“…Another indicator of lottery revenue potential is income per capita. Although it is well-documented that the poor spend a higher percentage of their income on lottery tickets than middle-to-high income individuals, the latter group spends a larger nominal amount (Mikesell and Zorn, 1986). Therefore, as income per capita increases, it is hypothesized that the revenue potential of a lottery also increases.…”

Section: Conceptual F Ramework: Motivati Ons For Adopti Onmentioning

confidence: 97%

Factors influencing the adoption of state lotteries

Erekson¹,

Platt²,

Whistler³

et al. 1999

Applied Economics

View full text Add to dashboard Cite

This paper explores the factors influencing the adoption of state lotteries in the United States. The conceptual framework utilizes a common utility framework in which a representative legislator maximizes utility derived from the current and expected fiscal position of a state, subject to a political constraint. The empirical results support the theoretical hypotheses, including the finding that changes in the fiscal health of the state, the predicted profit potential of a lottery, and the political climate of the state all affect the likelihood that a lottery is adopted. By introducing a sound conceptual framework, using better data than used in previous studies, utilizing an appropriate estimation technique, and obtaining strong results, this study advances our knowledge of why states adopt lotteries.

show abstract

“…While both retail sale tax and VAT have the same broad tax base in theory, the VAT system does a better job of collecting revenue, since retail sales tax puts all tax eggs in one basket (e.g. the final stage) while VAT can collect at least some of it (Mikesell, 2007). Besides its revenue adequacy, VAT has another advantage in terms of its collectability.…”

Section: Vatmentioning

confidence: 99%

An Evaluation of China's Tax System: Insights for Future Reform

Qiao¹

2016

CPAR

View full text Add to dashboard Cite

Discussion of how to develop a modern tax system is important for the Chinese government with China's urbanization and economic development and with the enlarged income gap among its population. This paper explores the strengths and weaknesses of China's tax system by applying the criteria that scholars use in judging revenue sources. The existing Chinese tax system is regressive, complex, and lacks revenue adequacy. To correct its weaknesses, several tax reform recommendations are made. This includes broadening individual income tax among top income individuals and expanding the circle gradually, expanding consumption tax, and eliminating unnecessary preferential tax treatments in all taxes.ax systems are critical for the functions of any nation. Although discussions of the need to develop modern income tax systems are often overshadowed by other policy discussions in lessdeveloped countries (LDC) (Qian, 2004), the importance of addressing revenue issues comes to light with their economic development and the with the need to provide more public services.

show abstract

State Lotteries as Fiscal Savior or Fiscal Fraud: A Look at the Evidence

Cited by 97 publications

References 3 publications

An International Comparison and Analysis of Lotteries and the Distribution of Lottery Expenditures

An International Comparison and Analysis of Lotteries and the Distribution of Lottery Expenditures

Factors influencing the adoption of state lotteries

An Evaluation of China's Tax System: Insights for Future Reform

Contact Info

Product

Resources

About