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Re:Ex-lottery worker who rigged winnings gets 25 years in pr... by gnopgnip on Wednesday August 23, 2017 @05:16PM (#15085269)
It is a negative expected value. You can go below zero. There is no situation where buying lottery tickets is a good way to diversify your portfolio
Re:Ex-lottery worker who rigged winnings gets 25 years in pr... by slavik81 on Wednesday August 23, 2017 @05:39PM (#15085439)
Well, there are some situations in which it's a good investment. http://newsfeed.time.com/2012/08/07/how-mit-students-scammed...
Re:Ex-lottery worker who rigged winnings gets 25 years in pr... by Domenic_S on Wednesday August 23, 2017 @05:42PM (#15085471)
Nah, depending on jackpot size, Mega Millions at least can reach a +ev state.

https://seekingalpha.com/instablog/957061-chris-demuth-jr/25...