Table 5

Summary Statistics Trimmed Lottery Data

CovariateLosers (N=172)Winners (N=151)t-statnor-dif
Mean(Standard Deviation)Mean(Standard Deviation)
Year won    6.40    (1.12)    6.32    (1.18)−0.6−0.06
Number of tickets    2.40    (1.88)    3.67    (2.95)    4.6  0.51
Age51.5(13.4)50.4(13.1)−0.7−0.08
Male    0.65    (0.48)    0.60    (0.49)−1.0−0.11
Education14.0    (1.9)13.0    (2.2)−4.2−0.47
Work then    0.79    (0.41)    0.80    (0.40)    0.2  0.03
Earn year–615.5(14.0)13.0(12.4)−1.7−0.19
Earn year–516.0(14.4)13.3(12.7)−1.8−0.20
Earn year–416.4(14.9)13.4(12.7)−2.0−0.22
Earn year–316.8(15.6)14.3(13.3)−1.6−0.18
Earn year–217.8(16.4)14.7(13.8)−1.8−0.20
Earn year–118.4(16.6)15.4(14.4)−1.7−0.19
Pos earn year–6    0.71    (0.46)    0.71    (0.46)−0.0−0.00
Pos earn year–5    0.70    (0.46)    0.74    (0.44)    0.9  0.10
Pos earn year–4    0.71    (0.46)    0.74    (0.44)    0.5  0.06
Pos earn year–3    0.70    (0.46)    0.72    (0.45)    0.2  0.03
Pos earn year–2    0.70    (0.46)    0.72    (0.45)    0.5  0.05