Hacker News new | past | comments | ask | show | jobs | submit login

It is negative expected value because of pot splitting. It came closest to positive EV when the jackpot was around $200-300MM. As interest increases, the number of tickets sold per draw forces the EV downward.

You also need to factor the present value if basing on the annuity and not the lump sum.




Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: