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Lotteries have been used to make all kinds of public decisions ever since the days of Ancient Greece. They can contribute to some of our most important values, such as rationality, justice, and democracy. But until recently, there was no theory to make sense of lotteries and what they can do. The past few decades have changed that with a veritable renaissance of studies on lotteries. This book collects fourteen of the most important of these papers, and offers a critical introduction tying them together.