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The ticket only has an expected positive value return under certain limited circumstances, not all the time (i.e. when jackpot has not been won for a time). Sta
by Piskvorrr 7y ago
The ticket only has an expected positive value return under certain limited circumstances, not all the time (i.e. when jackpot has not been won for a time). State is not losing money in total - just moving around the distribution of prizes, but the sum total remains constant.
If anyone would be losing money here, it would be a hypothetical winner of the jackpot - but as the jackpot is only redistributed when there is no such winner for some time...