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by _m8fo
3024 days ago
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I won't say that I thought about the numbers too much, so I'd agree that it's a "horrible" idea, however I want to point out a few things: > Most people know that on average you will lose money I don't think most people know this. Perhaps you do. Perhaps most of us here on HN know, but I strongly doubt most people who play do, given that most people who play are poor [1]. > What makes it worth playing... This isn't true either. Most people who play play it for the smaller winners [1]. Finally, I just want to reiterate that the point of this is exactly what you mentioned. By making the amount small enough such that it wouldn't have a huge effect on your lifestyle, you make it safer to disclose who won. [1] https://www.vox.com/identities/2016/1/13/10763268/lottery-po... |
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Put another way, as a one-time deal, would you consider spending $1 for a 1-in-a-million chance to win $100,000? For many people, that isn't a totally unreasonable bargain. But if I ask you that 10,000 times, the cost becomes spending $10,000 for a 1-in-100 chance to win $100,000. That's the real problem with the predatory nature of the lottery.