PSA: The expected value of a Mega Millions ticket is now $3.30, greater than the cost of $2.00, and behavioral economics considers you an irrational rube, duped by your savanna ancestors, if you do not sink every penny you have into lotto tix.
This would actually be a fair point if one could create a legally enforceable office pool that includes all 302 million ticket combinations, which, anyone interested?
Greetings, literalists in my mentions. Yes, for the sake of simplicity I assumed no taxes or split payouts. So go ahead and wait for the jackpot to get up to like $1.7 billion and then you can safely rationally sink your savings into lotto tickets.
Self-RTing since several people asked this.
