Why the lottery is a Stupid Bet
Last night the multi-state Powerball Lottery had a grand prize of $300 million dollars.
If you lived in Missouri the chances of you winning ANYTHING was 2.5%
Bets placed: 125,627
Bets that won anything: 3,172
Welcome to the new tax system, sucker.
If you lived in Missouri the chances of you winning ANYTHING was 2.5%
Bets placed: 125,627
Bets that won anything: 3,172
Welcome to the new tax system, sucker.
posted by John Stone at 6:10 AM
1 Comments:
Someone once described the lottery as a tax on people who are bad at math....
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