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Old 09-13-2005, 03:29 PM
sfer sfer is offline
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Join Date: Jan 2004
Location: New York
Posts: 806
Default The lottery is +EV

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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