Once a lottery like Mega Millions has a high enough jackpot so that the expected value of the ticket is higher than the cost, why does it still feel like it’s a bad investment to buy a ticket? 1.03K viewsJanuary 3, 2024 Question91.01K January 10, 2022 0 Comments Once a lottery like Mega Millions has a high enough jackpot so that the expected value of the ticket is higher than the cost, why does it still feel like it’s a bad investment to buy a ticket? In: 1 8 Answers ActiveNewestOldest Anonymous Posted January 10, 2022 0 Comments How are you calculating the expected value of a ticket? Any non-winning ticket has no value. You are viewing 1 out of 8 answers, click here to view all answers. Register or Login
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