Lottery wins show capital boost closes gender entrepreneurial gap.
Improving women's access to money can help close the gap between men and women in starting their own businesses. A study looked at people who won money in lotteries and found that those who won more were more likely to start their own businesses later on. This effect was the same for both men and women. Women who won a lot of money were 2% more likely to start their own business compared to women who won less money. This shows that giving women more access to money can help them become entrepreneurs just like men.