Re: The lottery is +EV
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I just bought (partially) a lottery ticket for the first time and it's a good move. Everyone at work is buying a share of a ticket (apparently the jackpot in NY is high right now) at the urging of one of our admins. If they won and I was the guy who didn't get rich because I made a smart gamble, I would have to kill myself. Thus, the infinitesimal probability of not having to kill myself tomorrow is +EV.
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There's no way I wouldn't blow my brains out if all my co-workers quit work rich and I had to stay on because I hadn't chipped in. That kept me buying tickets too. This is an excellent reason.
But when some people started trying to up the bi-weekly contributions to 5 and even 25 or 50 dollars, I got kind of pissed off and voted against it. I didn't want them murdering me that way! A buck or even two at a shot I don't mind, but five or 50 bucks? Screw that, that much I can actually imagine spending. Keeping it down to 1 or 2 dollars was a life and death struggle.
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