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EV and utility: two rulers, not a buy signal

Fair 6/45 EV is usually below price (costs, tax). Some people buy story-utility. That is not arithmetic recommending a purchase. Deeper than the lottery-expected-value hub. Do not spend money you cannot lose.

Negative EV

Households may still name entertainment utility. That is not investing advice.

Rollovers

A larger jackpot often leaves the first-prize cell count unchanged. rollover-does-not-raise-odds.

Tax

After-tax EV can be lower. lottery-tax-not-advice.

Addiction

If utility crowds out life, seek help.

Related

FAQ

Should I buy?
We do not recommend it.
If EV is positive, is it investing?
This app is not investment advice.
Numbers?
No.
Prediction?
No.

For entertainment and arithmetic. Combinatorics, bias, and expected value are not a winning tip or investment advice. Draws are random.

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