"If a lottery ticket's prices goes up, and the purse goes down and/or the odds get longer, you'll be less inclined to buy a ticket"
Has this effect been shown in the real world? That implies more interest in the odds than their target market demonstrates any interest in (hence the term, "for the math-impaired").
I'm fairly certain that the opposite held true in reality. When the multi state lottery association decreased the is of winning the Powerball last year,sales went up a lot because of the lure of the $1B payouts.
Has this effect been shown in the real world? That implies more interest in the odds than their target market demonstrates any interest in (hence the term, "for the math-impaired").