I assume the expected value of winnings goes down with bigger jackpots.

Oct 19, 2018
2:55:20pm

garyfan All-American

Simply because the growth in the jackpot is probably more than offset but the growth in ticket sales (and the possibility of sharing).

I could be wrong.

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garyfan

Bio page: garyfan
Joined: Sep 19, 2013
Last login: May 1, 2024
Total posts: 37,628 (3,853 FO)

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Messages

Author

Time

I just picked up some ice at the gas station.

garyfan

10/19/18 2:31pm

I'm holding out that no one will win this time and it gets to $1.5 billion.

NavynotRoyal

10/19/18 2:34pm

Uh. I’m winning, so it won’t

Natedog916

10/19/18 2:42pm

without accounting for taxes and the possibility of more than one jackpot winner

cougarfann888

10/19/18 2:43pm

I assume the expected value of winnings goes down with bigger jackpots.

garyfan

10/19/18 2:55pm

The jackpot is a direct % of tickets sold why it’s better dea with higher jackpo

cougarfann888

10/19/18 3:02pm

I see. Makes sense. Basically the buyers for the last few weeks and months

garyfan

10/19/18 3:20pm

Only 1 in about 300 million odds. It's practically a sure thing that I win if I buy about 100 tickets or so.

Cougar-Duck

10/19/18 2:55pm

YOU are correct almost a sure thing to win if you buy $100 tickets

cougarfann888

10/19/18 3:05pm

Ah yes, a tax on people who can't do math. (-Dave Ramsey)

TailgateU

10/20/18 7:01am

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