Re:America's new favorite pastime: The lottery
by JumpCrisscross on Friday July 29, 2022 @12:45PM
(#32279179)
> 10M isn't that appealing but suddenly 1B is?
From the article, it sounds like the probability of winning is independent of sales (in a single game)? If that’s true, it’s rational—ticket price and win odds held equal across games—to respond to a larger jackpot.
From the article, it sounds like the probability of winning is independent of sales (in a single game)? If that’s true, it’s rational—ticket price and win odds held equal across games—to respond to a larger jackpot.