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Lottery and fate
After just buying 10 Powerball tickets with a jackpot of $340 million, I've been debating the EV of this purchase. For me at least it's +EV for the excitement and the dreams. Not to mention that the odds themselves are leaning towards +EV despite the astronomical variance. But I'm interested in your opinions on some questions of a nature that should be relevant to this forum:
A. Does the possibility of the existence of fate, miracles, divine intervention, etc. give the lotto a higher EV than otherwise would be expected? B. If yes, then is there any reason to buy more than one ticket? C. Can merely wanting something to happen bad enough or expecting/knowing that it will happen influence the possibility of its occurence? Cheers |
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