ABSTRACT
Syndicating is a relatively institutionalized practice by which friends, relatives or co-workers share a lottery ticket. By doing this, syndicate players enact and negotiate their membership of a social network, and transform a lottery ticket from a purely economic asset into a carrier of interpersonal ties. This chapter analyses the economic and fiscal impact of syndicating in the USA and Spain. The chapter shows that syndicating is responsible for 10 and 23 per cent of total lottery sales in the USA and Spain, respectively, and indicates that sharing a lottery ticket reduces the regressivity of the lottery tax.
