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margalabargala

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  1. Ask HN: Expected value of a $2 powerball ticket is now $4.10. Is it worth it?

    With a jackpot of $1.2 billion, and odds of winning at 1:292201338, the expected pre-tax value of a $2 ticket is $4.10 before taxes, and still profitable after taxes. If so, are you justifying it with the expected…

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