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Kon-Peki
on Nov 1, 2022
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Ask HN: Expected value of a $2 powerball ticket is...
Interesting. I guess having a raffle was cutting into the lotto profits?
joezydeco
on Nov 1, 2022
[–]
Raffles are boring. The odds are low. Someone always wins. Lotteries like Powerball are more exciting because the jackpot rolls over many many times. Ticket sales spike tremendously when it gets to levels like this.
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