The jackpot for Wednesday’s Powerball drawing is up to $US460 million. Though that’s a pretty big prize, working through the maths of how lotteries work suggests that buying a ticket is not a great investment. The low probability of winning and the risk of splitting the prize in a big, […]
The jackpots for both Powerball and Mega Millions are above $US300 million as of Thursday morning. Though that’s a pretty big prize, working through the maths of how lotteries work suggests that buying a ticket is not a great investment. The low probability of winning and the risk of splitting […]
