Submitted by Minezenroll t3_zx8xla in news
AtomicBlastCandy t1_j1z6ohj wrote
Reply to comment by burnodo2 in No Mega Millions jackpot winner; estimated prize now $640 million by Minezenroll
Yeah the math doesn't work but irrationality isn't based on math. Every year or so I'll randomly buy a ticket, it is useful to dream for a few minutes about what if....
NancyPelBroski t1_j1zs0tj wrote
I had absolutely nothing to do at work yesterday so I bought a ticket on my lunch break and spent the rest of the afternoon browsing through million dollar mansions in Mexico. Best $2 I ever spent.
Karmack_Zarrul t1_j24285t wrote
I’m with you. I’ve only bought a ticket like twice ever, but it makes the dreams so much more vivid since there is technically a chance. It’s worth the 2 bucks. I think a second ticket adds no value, but a single ticket is cheap fun
darthjoey91 t1_j1zyaj1 wrote
But at $2 billion, the math does work. Like not much, but the expected value passes the cost of a ticket around there.
AtomicBlastCandy t1_j1zymtx wrote
First the amount is halved if you take it as a lump sum and the annuity has a shit interest rate, then you have to factor in taxes. I haven’t done the math you are probably right that at $2b jackpot the numbers may make sense. There is also the fact that you may have to split the prize
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