Book

Selling Hope: State Lotteries in America

📖 Overview

Selling Hope: State Lotteries in America examines the growth and impact of government-run lotteries across the United States. Through research and analysis, Cook investigates how states market and operate these games of chance, and who bears the financial burden of lottery spending. The book tracks the expansion of state lotteries from their modern reemergence in the 1960s to their current status as a major source of government revenue. Cook presents data on lottery participation rates, marketing strategies, and the relationship between socioeconomic status and lottery spending patterns. Cook explores the ethical and policy implications of states promoting gambling to their citizens while simultaneously regulating other forms of betting. He analyzes arguments both for and against state lotteries, including their effectiveness as revenue generators and their social costs. The work raises fundamental questions about government's role in exploiting human impulses for financial gain, and the complex intersection of public policy, addiction, and economic inequality in American society.

👀 Reviews

Readers describe this book as a data-driven examination of state lotteries with a focus on who plays, how governments promote them, and their economic impact. Multiple reviews note its accessibility despite the statistical content. Readers appreciated: - Clear explanations of complex lottery economics - Historical context of lottery legalization - Analysis of marketing tactics used by states - Discussion of regressivity and impact on low-income players Common criticisms: - Data feels dated (from 1980s-90s) - Limited discussion of online/digital lottery evolution - Could include more international comparisons Ratings: Goodreads: 3.8/5 (12 ratings) Amazon: 4.2/5 (6 ratings) One reviewer on Amazon noted it was "thorough but dry at times." A Goodreads reviewer highlighted its value as "required reading for anyone studying gambling policy." Several academic reviewers cited its usefulness in public policy courses while suggesting it needs an updated edition.

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🤔 Interesting facts

🎲 Despite state lotteries being marketed as funding education, studies cited in the book show that states with lotteries often end up spending a smaller percentage of their total budget on education than states without lotteries. 🎯 Author Philip J. Cook is a Duke University professor who has testified before Congress multiple times on gambling policy and serves as a member of the National Academy of Sciences Committee on Law and Justice. 💰 The poorest third of American households buy half of all lottery tickets sold, according to data presented in the book. 🎫 The modern era of state lotteries began in New Hampshire in 1964, and by 2018, 44 states were operating lotteries, generating over $77 billion in annual ticket sales. 📊 Research discussed in the book shows that for every dollar spent on lottery tickets, states only receive about 33 cents in net revenue, making it one of the least efficient forms of public revenue generation.