Mirrorless lasing has been a topic of particular interest for about a decade due to promising new horizons for quantum science and applications. In this work, we review first-principles theory that describes this phenomenon, and discuss degenerate mirrorless lasing in a vapor of Rb atoms, the mechanisms of amplification of light generated in the medium with population inversion between magnetic sublevels within the $D_2$ line, and challenges associated with experimental realization.