Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. Also, Slashdot's Facebook page has a chat bot now. Message it for stories and more. ×
Math

Submission + - Do large jackpots make lottery tickets rational? (circlemud.org)

An anonymous reader writes: Last week's Mega Millions multi-state lottery jackpot reached $380 million, and $1 tickets had a 1 in 175.7 million chance of winning. Was it economically rational to buy tickets? The answer was surprising. Either way, over 200 million tickets were purchased!
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Do large jackpots make lottery tickets rational?

Comments Filter:

We all agree on the necessity of compromise. We just can't agree on when it's necessary to compromise. -- Larry Wall

Working...