The Joy of Lottery Play: Evidence from a Field Experiment

Tinbergen Institute Discussion Paper 2018-078/V

36 Pages Posted: 19 Nov 2018

See all articles by Martijn Burger

Martijn Burger

Erasmus University Rotterdam (EUR) - Erasmus Happiness Economics Research Organization (EHERO)

Martijn Hendriks

Erasmus University Rotterdam (EUR) - Erasmus Happiness Economics Research Organization (EHERO)

Emma Pleeging

Erasmus University Rotterdam (EUR), Erasmus Happiness Economics Research Organization (EHERO) Students

Jan van Ours

Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)

Date Written: October 23, 2018

Abstract

We conducted a field experiment to increase our understanding of lottery participation. Using representative data for the Netherlands, we find that lottery participation increased the happiness of participants before the draw. Winning a small prize had no effect on happiness. Our results indicate that people may not only care about the outcomes of the lottery, but also enjoy the game. Accordingly, we conclude that lottery play has a utility value in itself and part of the lottery ticket is consumed before the draw.

Keywords: lottery play, happiness, field experiment

JEL Classification: C93, I31

Suggested Citation

Burger, Martijn and Hendriks, Martijn and Pleeging, Emma and van Ours, Jan, The Joy of Lottery Play: Evidence from a Field Experiment (October 23, 2018). Tinbergen Institute Discussion Paper 2018-078/V. Available at SSRN: https://ssrn.com/abstract=3274179 or http://dx.doi.org/10.2139/ssrn.3274179

Martijn Burger (Contact Author)

Erasmus University Rotterdam (EUR) - Erasmus Happiness Economics Research Organization (EHERO) ( email )

P.O. Box 1738
Rotterdam, 3000
Netherlands

Martijn Hendriks

Erasmus University Rotterdam (EUR) - Erasmus Happiness Economics Research Organization (EHERO) ( email )

P.O. Box 1738
Rotterdam, 3000
Netherlands

Emma Pleeging

Erasmus University Rotterdam (EUR), Erasmus Happiness Economics Research Organization (EHERO) Students ( email )

Rotterdam, 3000
Netherlands

Jan Van Ours

Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) ( email )

P.O. Box 1738
3000 DR Rotterdam, NL 3062 PA
Netherlands

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