The benefits of this write-up suggest that among the three regarded as gambling activities only lottery consumption is recession-proof. The discussion section offers achievable explanation for this phenomenon. Even so, additional investigation is needed to completely realize the processes that drive and alter gambling expenditures throughout recession periods. The test final results show that apart from lottery expenditures, all consumption series are influenced by business cycle fluctuations. Assuming that alterations in revenue throughout recessions are seen to be short-term, this implies that the PIH is not supported. The question that remains is regardless of whether changes in income which are not due to adjustments in the company cycle influence consumption differently than these of the business cycle. In other words, does the PIH hold immediately after correcting for business cycle fluctuations. Campbell (1987) shows that if revenue has a stochastic trend the PIH implies a extended-run stationary relationship involving consumption and income.

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