Wednesday, June 22, 2005
People Who Suck At Math
The Chron has an article about how California is joining the Mega Millions Lottery. For the low, low price $1 you too can not win a lottery jackpot that may reach as much as $500,000,000. The odds of winning are 1 in 175,000,000. I will admit to playing the California Lotto from time to time, but at least in that game the I'll never ever ever win with with much better odds. Not being a highly paid Lottery Executive I am probably not qualified to have an opinion, but a lottery that paid out multiple, say, $1,000,000 (after taxes) prizes per week would probably make me play much more often. $1,000,000 would be a great prize. You'd have enough money to pay off any normal persons debts and set up a good nest egg or pay for a stupendous bender and then you could continue with your life. But since the Lottery is actually a tax on people who are bad at math, my idea could never fly.
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