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When buying a lottery ticket is on normal a reduction, it offers us with an opportunity to receive an sum of money we might Commonly in no way get. (Eric Lippert made this argument by now.) The lottery payment purchases us a little chance of some thing extremely valuable, Substantially since the coverage frees us from a small chance of something ve
Does it make any sense to Participate in the lottery so that you can boost your full asset allocation? --If you comply with the speculation on the Black Swan, it basically may well.You are asking if lottery ticket can ever create a optimistic anticipated worth (EV). The quick response is, "no". There is certainly an interesting post that goes into