When I was taking stats, our prof used the lottery as an example of an
expected return exercise. What he showed was that the lottery had a negative
5 cents return - at best in the long term it would cost you 5 cents for
every dollar you put into the lottery.

I won $200 the next week on the provincial lottery.

Larry

-----Original Message-----
From: Haggerty, Mike [mailto:[EMAIL PROTECTED]
Sent: Tuesday, February 17, 2004 2:59 PM
To: CF-Community
Subject: RE: Lottery

Every week I buy $100 worth of tickets, all with the same number, in order
to increase my share the day the numbers finally do win. I buy 1-2-3-4-5-6
in the Pick Six, and this strategy is going to pay off by the time I ready
to retire.

I know that, in terms of statistical relevance, my odds are just as good
that I would randomly find the winning ticket lying in the street without
ever playing the lottery.

But this is going to work. There is no question.

M

-----Original Message-----
From: Doug White [mailto:[EMAIL PROTECTED]
Sent: Tuesday, February 17, 2004 2:51 PM
To: CF-Community
Subject: Lottery

Tonight's Mega-Millions jackpot is estimated to be $177 Million Us Dollars.

http://www.txlottery.org/
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