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Lotteries like this are a tax on people bad at math Most of the time, yes. Some lottery games with fixed odds and variable payouts have rare moments when the
by throwit1979 13y ago
Lotteries like this are a tax on people bad at math
Most of the time, yes. Some lottery games with fixed odds and variable payouts have rare moments when the expected value of a ticket turns positive. I'm fairly good at math and I always play powerball every one or two years when this is the case.
- gohrt 13y agoPowerball shares winnings, right? So you better hope the play-rate is levelling off, and not increasing exponentially until jackpot.