Not really. The actual value to your life per dollar is lower the richer you are. So if you’re well enough off that a few bucks won’t make any difference when t

Not really. The actual value to your life per dollar is lower the richer you are. So if you’re well enough off that a few bucks won’t make any difference when they go missing vs life changing money on the off chance it hits, it is worth it to buy some number of tickets. It basically equates to no change if lose, rich if win. The problem is when people are spending dollars that will actually affect their lives hoping to win. I’ve not seen it applied to the lottery specifically but you might even be able to use the Kelly Criterion to determine how much you can lose.