Submission Title

The Economic and Demographic Determinants of Oregon Lottery Sales

Subject Area

Economics

Description

Understanding the determinants of Oregon lottery sales is important, as lottery revenues fund a variety of government programs. Our research uses Oregon county-level per capita income data collected from the Bureau of Economic Analysis, and county-level demographic data collected from GeoFred, the Bureau of Economic Analysis, and Portland State Population Demographics to estimate how economic and demographic factors impact lottery sales in Oregon. The results indicate that the income elasticity of demand for the Oregon lottery is 1, implying that lottery sales represent a constant share of Oregonians’ incomes. Additionally, we find that lottery sales vary as a function of gender, age, and education levels.

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The Economic and Demographic Determinants of Oregon Lottery Sales

Understanding the determinants of Oregon lottery sales is important, as lottery revenues fund a variety of government programs. Our research uses Oregon county-level per capita income data collected from the Bureau of Economic Analysis, and county-level demographic data collected from GeoFred, the Bureau of Economic Analysis, and Portland State Population Demographics to estimate how economic and demographic factors impact lottery sales in Oregon. The results indicate that the income elasticity of demand for the Oregon lottery is 1, implying that lottery sales represent a constant share of Oregonians’ incomes. Additionally, we find that lottery sales vary as a function of gender, age, and education levels.