Source: Forbes/Science
Date: January 13, 2016
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It’s long been said that lottery tickets are a tax on those
who can’t do math, and now you’ve seen the mathematical proof of that. If you
want to buy a Powerball ticket for fun, by all means, go right ahead. Just be
aware that for every $2 you spend, you’re donating about $1.15 to whatever
government programs that Powerball supports, and only betting $0.85 on whatever
you might win in an otherwise “fair” lottery.
Playing the lottery is the ultimate low-risk, high-reward
scenario. If you lose, you’re only out a few dollars: the cost of your bet. But
if you win, even though the odds are stacked against you, the payoff is a
lifetime of easy living. This evening, Wednesday, January 13th, will mark the
richest lottery jackpot in history, with the current Powerball jackpot at a
whopping $1.5 billion, a new record in lottery games worldwide ~ Forbes
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Link: The Science of Power Ball
