Hurley Won, but You Lose

October 21st, 2005
 

You don’t want to waste your money playing the lottery with these numbers: 4, 8, 15, 16, 23 and 42.




2 Responses to “Hurley Won, but You Lose”

  1. Gngr (Ginger) Says:

    *giggles* I don’t even watch the show. Of course, neither do I play the lottery. Sometimes I have a wishful thought about it, though. ;)

  2. Jim Says:

    I play the lottery only on rare occasions, maybe a few times a year. It’s just for the fun of it, and that slim chance of winning. I use a criterion I learned back in probability class: if the payoff times the probability of winning is greater than the cost of entry, then – on average – it’s worth doing. In other words, if a lottery ticket is one dollar, and the probability of winning is one in fifty million, then I don’t play unless the jackpot is more than fifty million dollars. When you play only a few times a year, this calculation is meaningless, but it at least establishes a guideline.