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Personally yes. I am a realist where I know the odds are almost 0 and wasting my money on an almost 0 percent chance doesn’t make sense at all. But when it’s 1
by darth_avocado 4y ago
Personally yes. I am a realist where I know the odds are almost 0 and wasting my money on an almost 0 percent chance doesn’t make sense at all.
But when it’s 1B I still know I won’t win, but it’s also an amount where I at least feel like I should put my name in just in case. Not a lot of tickets but maybe like $10. Seems irrational but I believe that’s what most people are thinking.
- btkthrowaway1 4y agoThat my whole point though. 10M isn't worth putting your name in "just in case"? That's why it's funny to me. It's like saying I wouldn't cross the street to pick up $10M but I would for $1B.
- darth_avocado 4y ago$10 is still a lot of money and that’s why you still see enough people buy lottery tickets. But $1B brings in casuals from all over the place that usually don’t buy lottery tickets. For some it’s the entertainment value, for some it’s “ohh might as well”.
- cableshaft 4y agoWell you'd be putting your name in almost every night then, because it's always at least $10 million in one of the lottos (pretty much). $10 * 365 days a year is $3650. That's a big sink of money for something you know for almost certain you're not going to win. But $10 three times a year you're also almost certainly going to lose, but you're only out $30.