Well, as expected I didn’t win.
Of course the fact that I played my be unexpected. Normally I don’t bother playing the lottery since it winds up being a tax mainly.
However, this time it seemed different to me.
So for a $2 investment you have a roughly 1/300,000,000 chance of winning around $900,000,000 (after taxes). The way I look at that is that asymptotically you’d come out ahead of the game.
Of course the expected outcome is to lose whatever you added to the pot, however, there’s a greater than unity expected return on investment (assuming you’re the only winner).
I didn’t win. Hopes: dashed. But this was the expected outcome like I said. It’s an investment that didn’t pan out. Such is life.