5 ms·
Incredibly Depressing Mega Millions Lottery Simulator
- garyrichardson 16y agoI put this into a category of "I knew this before, but seeing it re-enforces that knowledge."
- herrherr 16y agoI don't want to try this since I fear to use up my win-a-lot-of-money-in-the-lottery-once chance.
- kenjackson 16y agoTurns out I'm pretty good at lottery. I get about a 20% return on investment, which appears to be much better than average. For a small fee, I can teach you how to lose money more slowly.
- lanstein 16y agoSpeaking of being good at chance games, I heard about the guy who cheated Press Your Luck for the first time yesterday: http://en.wikipedia.org/wiki/Michael_Larson http://en.wikipedia.org/wiki/Michael_Larson
- pavel_lishin 16y agoI'm not sure if you can consider Press Your Luck to be a chance game, especially in light of Michael Larson.
- akozlik 16y agoThis American Life did an episode that featured his story. Check it out. http://www.thisamericanlife.org/radio-archives/episode/412/million-dollar-idea http://www.thisamericanlife.org/radio-archives/episode/412/m...
- ryanc 16y agoEdited the select box values to run 100k times and I still only won $10508. (Browser couldn't handle returning 1 million results)
- eof 16y agolol, the users were ahead (192%) when I ran my simulation. 72 bucks back out of 1040 for me.
- ww520 16y agoLottery is a tax on people who don't know statistics (or math).
- njharman 16y agoThis is like saying movie theaters are a tax on people who don't know bittorrent. You play the lottery for entertainment not for it's investment value.
- kreneskyp 16y agoThis is like saying people buy water pipes for tobacco They might be entertained by the fantasy of winning money, but the real intent is for winning money.
- msluyter 16y agoAlthough the darwinian in me has no problem with lotteries as a tax on those who don't understand probability, I'm uncomfortable with the fact that they generally constitute a regressive tax -- the common wisdom is that the poor spend a larger percentage of their income on lotteries, though a bit of fact checking reveals some debate here. In any event, I welcome this, though I'm afraid that the ones who really need it are unlikely ever to see it.
- njharman 16y agoFirst off, it's gambling it's not expected to have a ROI. Second, 2/wk or 1040 over 10 years is not that many 2-3 a day avg 1040/yr is more like it. Third, I won $67 whooo hooo!
- zackola 16y agoI once one $100 in a mega millions drawing. I bought the tickets when I was tipsy so maybe that's the key ;)
- misterm 16y agoOr, why the best numbers to choose are just 1,2,3,4,5. (Or really, 33,34,35,36,37 (so you don't have to split the money with people choosing dates).