On the contrary, for low-probability payouts like lotteries, doubling the reward more than doubles the number of people who play. Almost nobody would play a lot

On the contrary, for low-probability payouts like lotteries, doubling the reward more than doubles the number of people who play. Almost nobody would play a lottery that gives you a 1 in 50 chance of winning $5, but plenty of people play lotteries for a 1 in a billion chance of $100 million.