Friday, 25 July 2014

Odds in whose favor?


with mega millions jackpot @ $640 million, largest world has ever seen. in news , on streets "realists" chirping how they'd never buy ticket , basic math makes ticket buyers stupid.

if odds 1 in 175 million of hitting mega millions jackpot, buying $1 ticket have positive expected value particular prize?
 

a $500,000,000 return on $1 on ridiculously long odds decent bet. crazy expect or sacrifice financial stability win.
 


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