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comment by ecib
ecib  ·  4665 days ago  ·  link  ·    ·  parent  ·  post: US Lottery highest amount in history.. $640M
It's totally not an idiot tax if you do it right :)

With these odds, spending $1 or $20,000 essentially doesn't make a difference. Your odds are just about zero. So the extra money spent past a dollar is basically a waste. But, we all know how fun it is to fantasize about what we'd do with all that money, and that for as bad as the odds are, there is still no way for that fantasy to ever come true unless you play. So basically, you spend a dollar not to try and win, but to totally amp up and enhance your fantasy daydream and make it that much more enjoyable since it could now "technically happen" with that $1 purchase.

That's worth a buck to me, every time, -a very fair deal imho.





mk  ·  4665 days ago  ·  link  ·  
Yeah, I guess the dream is worth a buck. Funny that the government runs these things. It's just a very clever tax.