Gig 601XL Builder wrDOTgiaconaATsuddenlink.net wrote:
wrote:
Gig 601XL Builder wrDOTgiaconaATsuddenlink.net wrote:

"Statistically" buying a lottery ticket doesn't increase you chance
of winning. i.e. The chance of winning isn't increased enough to be
relevant "Statistically".

Depends on how you look at it "statistically".

If you don't buy, the chance of winning is zero.

If you do buy, the chance of winning is a non-zero number.

So you've essentially increased the odds by an infinite amount...

Aren't statistics fun?


Remove .spam.sux to reply.

Not buying the ticket does not reduce your chance of winning to ZERO. There
is also a chance that will find the winning ticket on the ground outside of
a C-store.

The probablility that you will find a ticket AND that the ticket is
a winner is so small that by buying a ticket you've increased your
odds by slightly less than infinity.

It all boils down to the fact that the chance for any individual of winning
the lottery is so small that coming up with fun little statically silly
nuggets about it and the thoughts of what you'd do with the winnings are
really the only thing one can hope to gain from them.

A movie costs $12 and lasts about 90 minutes.

A lotto ticket costs $1 and I can daydream about the planes I'd buy
with $30,000.000 for days.

It's cheap entertainment.

It all boils down to the fact that they are a tax on people who are really
bad a math.

Well, I didn't get much beyond partial differential equations, so you
may have a point.

--
Jim Pennino

Remove .spam.sux to reply.