Re: Can We Hit the Lotto Again?
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Doesn't the lottery become +EV when the jackpot exceeds your odds of winning it? If the jackpot reaches say, 300 million, and the odds of winning it are 200 million to 1, then isn't it +EV to buy a ticket?
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Only if you're the only one to win... if multiple people win, then it's no longer a positive bet.
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