Y
Hacker News
new
|
ask
|
show
|
jobs
by
fallingknife
1682 days ago
Odds of winning are 1 in 292 million. So unless the odds were that the jackpot would be split 6 ways or more the tickets have a positive EV.
1 comments
listenallyall
1682 days ago
Except that Powerball tickets cost $2 each, not one dollar as you were assuming. (And of course, taxes)
link
fallingknife
1682 days ago
Yeah good point. Also delayed payout / lump sum discount.
link