View Single Post
  #32  
Old 09-13-2005, 05:21 PM
stabn stabn is offline
Senior Member
 
Join Date: Sep 2004
Location: Bellevue, Wa
Posts: 2,051
Default Re: The lottery is +EV

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
yet another retard uses +EV in a -EV fashion....

[/ QUOTE ]

maybe I'm just not getting the concept...

posted odds from Mega-Millions website:

odds of hitting 5 numbers +1 mega-ball (Jackpot) = 1 in 175,711,536

current jackpot: 200,000,000 ++

If you were to purchase 1 ticket, for $1, then it is +EV, no?

If you are splitting shares like the OP, then it isn't?

Either way, the implied odds are worth the gamboool.

[/ QUOTE ]

taxes make it -EV?

[/ QUOTE ]

As does lump sum payment and possibility of sharing the jackpot.
Reply With Quote