Powerball

A pre-Powerball roundup of links, in advance of tonight’s $900 million drawing:
Is it rational for an economist to play powerball? Probably not – the expected value of the Powerball drawing tonight might be negative since so many people buy tickets. Sales apparently go up faster than the jackpot. And Britain’s national lottery had a big jackpot today as well.

Here’s some advice on how to win and what to do if you win. I’d steer clear of thinking that certain numbers are luckier than others, although the standard advice – try to play numbers that other people aren’t playing, so you don’t have to share the jackpot if you win – definitely applies.

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