Two Plus Two Older Archives  

Go Back   Two Plus Two Older Archives > General Gambling > Probability
FAQ Community Calendar Today's Posts Search

Reply
 
Thread Tools Display Modes
  #21  
Old 01-05-2005, 06:12 PM
Redd Redd is offline
Member
 
Join Date: Sep 2004
Posts: 44
Default Re: Can We Hit the Lotto Again?

Wouldn't we need to facor in the total investment return that one could obtain with their winnings as well? If I could lock $300 million at, say, 5% P.A., that's $15 million a year before any compounding. Over the winner's lifetime (at 5%, the winnings could double about 3 times in ~45 years?) the return would allow the principal to be much smaller (with these fudged numbers, about 1/8th) and still be +EV.
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 06:28 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.