We already put warning labels on cigarettes. Why not lottery tickets too? Mathematician General's Warning: The expected value of this piece of paper is- $2.18. Side effects may include losing $2.18.
I think the main thing lottery tickets sell is a dream.
It gives people the fantasy for a week or two that things may get unimaginably better, which is probably worth the $2 or $5 or whatever they cost.
October 31, 2014
March 05, 2017
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May 07, 2018