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Mathematics
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Is it a good idea to buy a Powerball ticket? How big would the jackpot have to be before a ticket has positive expected value? Show your work.
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can't win if you don't buy a ticket, I should go buy a ticket as well
wait. no matter how large the jackpot the expected value is always....the same, no?
no, larger jackpots mean you can win more even though the ticket price is the same
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