From: Lee Corbin (lcorbin@tsoft.com)
Date: Sun Jul 22 2001 - 13:20:33 MDT
Chris Rasch dug up the answer!
> Here's the section relevant to lotteries:
>
> "...The Imbens research reinforces an earlier study by H. Roy Kaplan, a
> sociologist now with the National Conference for Community & Justice in Tampa,
> Fla. In a 1985 paper in the Journal of the Institute of Socioeconomic Studies,
> Kaplan found that one-fourth of the big winners and their spouses stopped working
> within a year of their winning...."
May we assume that right off in the United States, about one
fourth of the people would stop working within a year? Are
the buyers of lottery tickets typical? I'm guessing that
they are.
It frankly surprises me that the answer is as low as one-fourth.
Perhaps after a few years, the proportion becomes greater. On
the other hand, some of those people will go start new businesses;
still the number that would is probably negligible.
Lee
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