Mister Pterodactyl
Saturday, November 13, 2004
 
Save a buck
Stopped by the local Quik-E-Mart to get a paper today. Somehow amongst the small talk, the proprietor thought I asked for a lottery ticket.
I never play the lottery. My reason is this: the odds of winning are 1 in 120,526,770, or 0.0000000008297. Since, by buying a ticket, the odds of winning increase by this infinitesimal amount, I figure that my odds aren't really that much worse if I don't buy one. Brilliant, right?

Comments:
Down in Texas I worked for the Circle K Corp. chain of convenience stores. During that time the state legislature legalized the lottery. The Company held a contest for employees to promote the upcoming lottery beginning. I submitted two entries. "There's a sucker born every minute-- Play the Texas Lottery." "If rape is inevitable, relax and enjoy it-- Play the Texas Lottery." I didn't win any prizes, nor did I work for the Circle K Corp. after the Lottery's inception.
 
I think it makes sense to buy one and exactly one lottery ticket. Buying two is senseless. What you buy is the fantasy. If you don't like that, then save up eight lottery tocket amounts and go to the movies.
 
But, if the odds of winning with one ticket are 1 in 1,250,526,770, then the odds of winning with two tickets are 2 in 1,250,526,770, or 1 in 625,263,385. YOU DOUBLE YOUR CHANCES BY BUYING TWO!

I've always agreed with the maxim: the Lottery is a tax on people who are bad at math.
 
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