4 ms·
Did you read the article? This is literally covered _extensively_ in the first paragraph.
by martinky24 2y ago
Did you read the article? This is literally covered _extensively_ in the first paragraph.
- lern_too_spel 2y agoIt's missing some prior work. When the jackpot gets higher, more people play, and the number of winners expected to split the prize increases. You can do the EV calculation using historical purchase data. https://phaethonprime.wordpress.com/2015/10/24/mega-millions-isnt-even-a-reasonable-rip-off/ https://phaethonprime.wordpress.com/2015/10/24/mega-millions...
- hinkley 2y agoBut a fraction of the ticket sales are also rolled back into the lottery. These people won when it was almost 4:1 payout.
- mattlondon 2y agoIt was behind a pay wall, nothing apart from the first sentence or two.