The Powerball Jackpot and Illustrating Large Numbers.

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5 Responses

  1. Does that mean I can buy a donut whenever I go into a store that sells lottery tickets? From your perspective it definitely seems like the odds are never in your favor. Love how you made the odds more realistic.
    Kate

    • Chris says:

      I wouldn’t necessarily recommend buying a donut either, but if you really must buy something at least make it not a lottery ticket. 😁

  2. It’s definitely these little things that nickle and dime us out of our wealth. Many have a rough time fighting these tiny temptations. That’s why I am not a believer of entirely depriving yourself.

    Go ahead and buy that ONE, yearly lottery ticket. 🙂

    • Chris says:

      One certainly won’t make much of a difference. But I think if you indulge once, you could end spending more. IMO it’s better to not even give yourself an opening.
      Thanks for stopping by. 😎

  3. I buy lottery tickets every now and then. I know I will never win the big jackpot, but I think of it as entertainment and I enjoy the anticipation and dreaming of what might be. I once got the first 3 number and freaked out a little inside…but then missed the rest and won next to nothing. To me, it’s gambling and entertainment, just like going to Vegas.

    I’ve switched games now and play the $10 scratchers instead of Powerball. The odds are much better and overall they pay back more often. The most I’ve won on one ticket is $100, but I regularly win $10 or $20. The odds to win $1M is 1 in 1.2 million, $1,000 is 1 in 15,000 and $100 is 1 in 93.

    What is interesting about the lottery is that some view it as a regressive tax since a disproportionate amount of the tickets are purchased by people with very low incomes.

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