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Old 11-10-2005, 10:29 AM
JinX11 JinX11 is offline
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Join Date: Aug 2004
Location: Will poker for money.
Posts: 431
Default Re: MegaMillions Overlay?

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this problem has been mentioned several times.

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Yes; and there are a number of sites out there on how to analyze the lottery, this being one of them.

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common concerns that are often neglected are the distribution of payments and taxes. Typically the actual breakeven EV number needs to be calculated as 25-35% of what the advertised jackpot amount is.

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Good point. I missed these, as well.
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