Examining the Halo Effect in Lotto Games

@inproceedings{Grote2007ExaminingTH,
  title={Examining the Halo Effect in Lotto Games},
  author={Kent R. Grote and Victor A. Matheson},
  year={2007}
}
The "Halo Effect" occurs when lotto ticket sales are unexpectedly high following a large jackpot. An examination of the Powerball lottery finds evidence that the halo effect exists and that it is the result of bettors exchanging prize winnings for new tickets. 

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