Thursday, February 18, 2010

The Odds Are Against You

You might get the impression from reading the weekly notices in the paper that buying lottery tickets will lead you to riches.

You might even think that knowing where the jackpot tickets were sold will give you an edge and make you a winner.

Just make sure you understand what the odds of winning (and losing) really are.

What's really interesting is where all the money goes. Remember when the big selling point of the lottery was money for education? Although that isn't true I seem to recall hearing more about that than any other reason.

Of course, the odds are my remembery isn't all that clear or accurate.

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