Lotto
Q: Can I improve my chances of winning Lotto by…
A: No.
Q: But….
A: No.
Q: …
A: Just no.
Q: … by buying a ticket?
A: Ok, yes. But not by very much.
Q: You sound like you’ve been asked about Lotto odds a lot.
A: There’s a larger-than-usual jackpot in the NZ Powerball
Q: Enough to make it worth buying a ticket?
A: If you like playing lotto, sure.
Q: No, as an investment.
A: I refer the honourable gentleman to the answer given some moments ago
Q: Huh?
A: No.
Q: But $35 million. And a 1 in 38 million chance of winning. And 80c tickets. Buying all the tickets would cost less than $30 million. So, positive expected return.
A: If you were the only person playing
Q: And if I’m not?
A: Then you might have to share the prize
Q: How many other people will be playing?
A: Lotto NZ says they expect to sell more than a million tickets
Q: Compared to 38 million possibilities that doesn’t sound much
A: That’s tickets. Not lines.
Q: Ah. How many lines?
A: They don’t say.
Q: Couldn’t the media report that instead of bogus claims about a chemist in Hawkes Bay selling better tickets?
A: Probably not. I don’t think Lotto NZ tells them.
Q: That story says it would take 900 years to earn the money at minimum wage. How long to get it by playing Powerball?
A: At, say, ten lines twice per week?
Q: Sure.
A: 36900 years.








Recent comments on Thomas Lumley’s posts