@spendius,
Quote:On the $600 million lottery you should know that there is £220 million tax. And the odds of winning are about 200 million to one. So if tickets are $2 the bet is poor value. At $5 a rip off.
My odds of having identical quadruplets are better than my odds of winning the Powerball jackback.
But I disagree that the $2 bet is poor value. My $2 (or $4, since I bought 2 tickets) carries entertainment value, in terms of fantasizing about winning, thinking about what one could do with that much money (about $375 million after taxes), and just feeling part of the general excitement about the drawing, for several days. That's a better payoff than I could get from going to a disappointing movie, and the movie ticket would cost more. So, I feel I'm getting my money's worth. And, if I win anything beyond $4, I'll be ahead of the game financially.
Quote:I don't do the lottery for fear of winning. I think I might become unstable.
I'm already unstable, so I don't have to worry about that.
Beside, I'll be able to afford great care. And, with $375 million, I'd simply be "eccentric". I want the chance to prove that great wealth wouldn't corrupt me--it's an ethical challenge.