Re: Is playing PowerBall currently +EV???
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It's not +EV because the odds are so large, you could play a lifetime and never even hope of hitting it. Positive expectation involves having a remote chance, 1 in 146mil is not even close to remote.
Odds of being killed by fireworks: 1 in 20mil
Odds of being killed by dog bite: 1 in 18mil
Odds of being killed by lightning: 1 in 4mil
Odds of being killed in bathtub: 1 in 800k
Odds of being killed in plane crash: 1 in 391k
Odds of being killed in a car crash: 1 in 6k
It looks being killed in a car crash is +EV during a person's lifetime.
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I LOVE IT! Made my night, thanks
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