Re: Tax Time: Are you a professional gambler?
I've heard that most lotteries are only paying out something like 20-40 cents for every dollar wagered. If these particular slot machines (since they appear to be run by the state, not a casino) paid out something similar, it would seem you would need at least a 2.5x normal jackpot size in order to get positive EV. From the article, it doesn't sound like she thought things through well enough.
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