On Tue, 31 Aug 2004, Dimitriy V. Masterov wrote: > I don't have an answer for you, but it seems important to point out that > not all lotteries have a negative expected payoff. Large, multi-state > jackpots are often a "fair" bet, even after taxes.
How does that come about? Cheers, M. Christopher Auld [EMAIL PROTECTED] Assistant Professor http://jerry.ss.ucalgary.ca Department of Economics voice: 1.403.220.4098 University of Calgary FAX: 1.403.282.5262
