I have never understood why 640 MILLION dollar winners is not preferable to 3 200 million winners. A million dollars for most people is a life altering win. Mortgage and debt gone. College paid for etc.
That said folks would never go for this. Only the idea of a super win keeps folks buying and at astronimical odds akin to finding a grain of sand on a beach!
I won the lottery !
By that I mean – I didn’t buy any tickets and none of my friends who did buy tickets won a damn thing!
[quote=sdduuuude]I won the lottery !
By that I mean – I didn’t buy any tickets and none of my friends who did buy tickets won a damn thing![/quote]
ditto.
[quote=GH]I have never understood why 640 MILLION dollar winners is not preferable to 3 200 million winners. A million dollars for most people is a life altering win. Mortgage and debt gone. College paid for etc.
That said folks would never go for this. Only the idea of a super win keeps folks buying and at astronimical odds akin to finding a grain of sand on a beach![/quote]
I never understood why the government is in the extreme gambling business at all.
What is the point of occasionally and arbitrarily taking a few dollars from millions of people while giving hundreds of millions of dollars to a few people?
The lottery is an absurd way to raise revenue.
[quote=pri_dk]I never understood why the government is in the extreme gambling business at all.
The lottery is an absurd way to raise revenue.[/quote]
It is an awesome way to raise money if you can pass laws prohibiting anyone else from providing a competing game under the guise of “gambling is immoral”
I won and after factoring out anything with a probability on par with being struck by lightning, I got exactly my expected value of 10 cents on the dollar back.