Chances to win a grand prize were estimated at 1 in 288,000.I might be wrong on this, but I think $2 million divided by 288000 gives an expected value of about $7. Not hugely relevant to arguments about lotteries in general, but honestly not a massively "irrational" decision to make.
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posted by Plutor at 9:46 AM on November 3, 2011 [3 favorites]