{"title":"Costly number seven","authors":"Patrick Roger , Tristan Roger","doi":"10.1016/j.econlet.2025.112519","DOIUrl":null,"url":null,"abstract":"<div><div>Lotto players often choose numbers non-randomly, a behavior known as <em>conscious selection</em>. In many Western countries, the number 7 is considered lucky, causing it to be disproportionately selected in lotto games. This study quantifies the financial cost of this tendency using data from lotto games in Belgium (2011–2025) and France (2002–2008, 2019–2025), as well as Euromillions data (2016–2025). Due to the parimutuel payout system, tickets containing the number 7 earn significantly lower prizes than those without it. We find that this cost persists across different game formats and time periods.</div></div>","PeriodicalId":11468,"journal":{"name":"Economics Letters","volume":"255 ","pages":"Article 112519"},"PeriodicalIF":1.8000,"publicationDate":"2025-08-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0165176525003568","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Lotto players often choose numbers non-randomly, a behavior known as conscious selection. In many Western countries, the number 7 is considered lucky, causing it to be disproportionately selected in lotto games. This study quantifies the financial cost of this tendency using data from lotto games in Belgium (2011–2025) and France (2002–2008, 2019–2025), as well as Euromillions data (2016–2025). Due to the parimutuel payout system, tickets containing the number 7 earn significantly lower prizes than those without it. We find that this cost persists across different game formats and time periods.
期刊介绍:
Many economists today are concerned by the proliferation of journals and the concomitant labyrinth of research to be conquered in order to reach the specific information they require. To combat this tendency, Economics Letters has been conceived and designed outside the realm of the traditional economics journal. As a Letters Journal, it consists of concise communications (letters) that provide a means of rapid and efficient dissemination of new results, models and methods in all fields of economic research.