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/biz/ - Business & Finance

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26128514 No.26128514 [Reply] [Original]

Is this a good investment?

>> No.26128585

>>26128514
Scam

>> No.26128644

>>26128514
It's just another form of tax.

>> No.26128691

>>26128514
Is it fair odds per ticket cost?

>> No.26128715

Yes. Look at the odds. It's like 1/334,985,836.

>> No.26128830
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26128830

gotta play to win!

>> No.26128854

i heard one jew said that at a certain point, if the prize is big enough for its odds, its worth the gamble. can any high iqs explain

>> No.26128876

>>26128514
1 in 500 million. Sounds good to me.

>> No.26128911

>>26128514
Imagine knowing about this board and still playing the fucking lottery.

>> No.26128954

>>26128854
expected value is positive is what m guessing the jew meant.

>> No.26128959

Jeffrey Epstein won it once. Ask yourself how it's possible that happens, then realize it's rigged to funnel money into the hands of the rich.

>> No.26129007

>>26128514
Better then Crypto

>> No.26129014

>>26128959
iirc 1 in 3 lottery winners are jewish, despite making up only 1 in 33 americans

>> No.26129046

>>26128854
>if the prize is big enough for its odds, its worth the gamble. can any high iqs explain
If the odds are 1/500 million and the prize is 850 million, in theory you could spend 500 million on tickets (at $1 per ticket) and be guaranteed to win at least a share of the jackpot.
But even if you don't buy $500 million tickets, because the potential payoff is better than the odds, it's still a rational risk to take.

>> No.26129052

>>26129014
God's chosen

>> No.26129071

Sometimes i'll play the state lottery which is like 1 in a million and it's enough to make it. So why would I play a game that is much more likely to lose

>> No.26129076

Unironically yes, for these reasons
>>26128854

>> No.26129090

>>26129014
It's intelligence and hard work that makes them study to play better odds with larger bets

>> No.26129131

>>26128514
Some of the people are saying scam, but eventually the value of a ticket rises to over $1. At some times tickets have an effective value of $2 when the jackpot goes over 1 trillion. At that point, then yeah I would say it's a decent thing for ~$10.

>> No.26129139
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26129139

NIGGERs are buying lottery tickets and NEETs are buying meme stocks.

>> No.26129165

>>26128514
The lottery goes up when people buy in
All the retard poors are “investing” their welfare in lotto tickets.

>> No.26129176
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26129176

>>26128514
at a certain point the jackpot becomes large enough that the value of the ticket exceeds the purchase price

>> No.26129178

>>26128514
Pajeet scam

>> No.26129276

i will pay +$100,000.00 worth of car insurance through out my life and this is a ""good investment"" bc risk of having to buy a new car or cover someones hospital bills.
but, its a ""bad investment"" to pay $10 at the tiny chance of winning $850,000,000.00?

>> No.26129336

>>26129046
1. tax
2. if multiple people make such play, the prize pool will be split between them
Lottery is retarded 100% of the time.

>> No.26129517

>>26128514
Do not contribute to the lottery
It is a tax on poors
There is a zero (0.00) [0≤x≤0] percent chance that you will win.
D o n o t c o n t r i b u t e t o t h e l o t t e r y

>> No.26129603

I’m almost 26 and never even did a scratch off ticket I really should one of these days just to finally say I did. I remember all my friends in high school did that when they turned 18

>> No.26129684

Cant win If ya don’t play. I don’t do the lottery save fire maybe once every few years for the lulz.

>> No.26129749

>>26128514
Lottery winners are decided beforehand through secret deals for the winners children.

>> No.26129801

>>26128514
if the price of a ticket isn't the difference between eating or not this week then yes. it's like $5 nerds

>> No.26129975

>>26128854
Doubt it.
More than one person can guess the combination if the probability is lower than the payout. Then the jackpot gets split

>> No.26130361

>>26128854
In theory, yes. But when you factor in taxes, cash option being smaller, and possibility of split jackpot, the math gets fuzzy.

>> No.26130523

>>26128514
Of course, just spent my whole stimulus check on scratchoffs and tickets.

>> No.26130622

>>26128514
I cannot bring myself to gamble on something that isn't verified in the blockchain with Chainlink VRF.
I don't know if I've become schizophrenic or what, buy I think everything is rigged.

>> No.26131156

>>26129517
anyone from /sci/ here to extrapolate how low chance it is to win the lottery?

>> No.26131290

>>26128959
Twice* which is how you know it's rigged
>>26129014
1 in 33? Try 1 in 50

>> No.26131325

>>26128830
cant win if you dont play!

>> No.26131407

>>26130622
Buy TDACW warrants for TDAC
Its merging with Lottery.com via SPAC
279% CAGR
CEO of Draftkings on the board
Authorized to sell power ball and MM in 138 countries
Working on blockchain stuff
Definitive Agreement coming anytime, those warrants will go 300% at minimum in under 3 months with potential for 1000%

>> No.26131725

>>26129276
It's not called a good investment, it's just legally required so you don't fuck up someone else's life being a deadbeat

>> No.26132185

>>26131156
Lets take Powerball. You select 5 numbers ranging from 1-69 (70 possible choices), then you select 1 number from 1-26 (27 choices). To find the probability you'd take
(70^5)*27 which is 45,378,900,000:1. Which is also the same probability of you getting a girlfriend

>> No.26132584

>>26132185
bump you fucking turbo niggers