[General] Lotto Run?

[Jake McArthur]

State lotteries have negative expectancy. Always. If they didn't, there
would be no reason for the states to have lotteries. They aren't charities.
They are taxes on people who can't do the math or who don't read the rules.
On Mar 29, 2012 6:19 AM, "David" <ainut at knology.net> wrote:

> **
> BUT, if other people also had the winning numbers, they all split it, AIUI.
>
>
>
> Devin Boyer wrote:
>
> "A jackpot-winning ticket must match all five numbers drawn from a pot
> containing 56 balls and then match the Mega Ball, which is drawn from a pot
> containing 46 numbers. Odds of winning are almost 176 million to 1. Each
> ticket costs $1."
>
>  If I'm reading this right (too lazy to crunch the numbers) for $176
> million, you can buy one of every ticket.  Because "Friday's $476 million
> prize is payable as an annuity over 26 years," it seems like it would
> make for a decent return-on-investment.
>
>  If only I had the $176 million...
>
> On Wed, Mar 28, 2012 at 8:22 AM, Wayne Neumaier <wneumaier at gmail.com>wrote:
>
>> Any plans for a ticket run up to Tennessee?
>>
>>
>> http://news.blogs.cnn.com/2012/03/28/mega-millions-jackpot-hits-record-476-million/?hpt=hp_t3
>>
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