4 ms·
Like the abstract approach. But if you get 'wholesale pricing', the ticket is worth more to own, no? you'd then lose money on the sale. AFIK lottery tickets are
by 001sky 13y ago
Like the abstract approach. But if you get 'wholesale pricing', the ticket is worth more to own, no? you'd then lose money on the sale. AFIK lottery tickets are only sold on comission, for this reason. If you could get the govt to sell you the tickets at a discount (lobbying.ribels), that would be an interesting investment fund, indeed.
- vinceguidry 13y ago> But if you get 'wholesale pricing', the ticket is worth more to own, no? Not necessarily. You have to line up a whole lot of factors to increase the odds enough so that the tickets' worth get anywhere near face value, and when you kick in taxes, forget it.