3 URLs can get broken provided enough time elapses. Added a proper reference, in case the URL ever gets broken.
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If the odds of winning a lottery jackpot are one in 292 million, and the jackpot prize is expected to be greater than than $1 billion, does this make a lottery ticket a wise investment? (source: http://www.bbc.co.uk/news/world-us-canada-35272548)

I know there is a risk that I'll lose my investment, and also a risk that if I do win then I may have to share the jackpot with other winners. However, there are also some other, smaller prizes available.

For example: if you were to take a dollar from me on the promise that you'd give me $3 back if i guessed the result of a single, fair coin toss, then I'd probably take this offer (as the odds of me guessing correctly are one in two, yet the potential returns are threefold).


Reference

If the odds of winning a lottery jackpot are one in 292 million, and the jackpot prize is expected to be greater than than $1 billion, does this make a lottery ticket a wise investment? (source: http://www.bbc.co.uk/news/world-us-canada-35272548)

I know there is a risk that I'll lose my investment, and also a risk that if I do win then I may have to share the jackpot with other winners. However, there are also some other, smaller prizes available.

For example: if you were to take a dollar from me on the promise that you'd give me $3 back if i guessed the result of a single, fair coin toss, then I'd probably take this offer (as the odds of me guessing correctly are one in two, yet the potential returns are threefold).

If the odds of winning a lottery jackpot are one in 292 million, and the jackpot prize is expected to be greater than than $1 billion, does this make a lottery ticket a wise investment?

I know there is a risk that I'll lose my investment, and also a risk that if I do win then I may have to share the jackpot with other winners. However, there are also some other, smaller prizes available.

For example: if you were to take a dollar from me on the promise that you'd give me $3 back if i guessed the result of a single, fair coin toss, then I'd probably take this offer (as the odds of me guessing correctly are one in two, yet the potential returns are threefold).


Reference

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2 updated question to be about lotteries in general instead of just Powerball
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Is a Powerball ticket Are lottery tickets ever a wise investment provided the jackpot is large enough?

Note: this question was asked at a time when the Powerball jackpot has rolled over to the point where the expected prize is over $1 billion. I'm also not sure if this is a question for this site, or for Math Overflow.

If the odds of winning the US Powerballa lottery jackpot are one in 292 million, and the jackpot prize is expected to be greater than than $1 billion, does this make a Powerballlottery ticket a wise investment? (source: http://www.bbc.co.uk/news/world-us-canada-35272548)

I know there is a risk that I'll lose my investment, and also a risk that if I do win then I may have to share the jackpot with other winners. However, there are also some other, smaller prizes available.

For example: if you were to take a dollar from me on the promise that you'd give me $3 back if i guessed the result of a single, fair coin toss, then I'd probably take this offer (as the odds of me guessing correctly are one in two, yet the potential returns are threefold).

Is a Powerball ticket a wise investment provided the jackpot is large enough?

Note: this question was asked at a time when the Powerball jackpot has rolled over to the point where the expected prize is over $1 billion. I'm also not sure if this is a question for this site, or for Math Overflow.

If the odds of winning the US Powerball lottery jackpot are one in 292 million, and the jackpot prize is expected to be greater than than $1 billion, does this make a Powerball ticket a wise investment? (source: http://www.bbc.co.uk/news/world-us-canada-35272548)

I know there is a risk that I'll lose my investment, and also a risk that if I do win then I may have to share the jackpot with other winners. However, there are also some other, smaller prizes available.

For example: if you were to take a dollar from me on the promise that you'd give me $3 back if i guessed the result of a single, fair coin toss, then I'd probably take this offer (as the odds of me guessing correctly are one in two, yet the potential returns are threefold).

Are lottery tickets ever a wise investment provided the jackpot is large enough?

If the odds of winning a lottery jackpot are one in 292 million, and the jackpot prize is expected to be greater than than $1 billion, does this make a lottery ticket a wise investment? (source: http://www.bbc.co.uk/news/world-us-canada-35272548)

I know there is a risk that I'll lose my investment, and also a risk that if I do win then I may have to share the jackpot with other winners. However, there are also some other, smaller prizes available.

For example: if you were to take a dollar from me on the promise that you'd give me $3 back if i guessed the result of a single, fair coin toss, then I'd probably take this offer (as the odds of me guessing correctly are one in two, yet the potential returns are threefold).

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source | link

Is a Powerball ticket a wise investment provided the jackpot is large enough?

Note: this question was asked at a time when the Powerball jackpot has rolled over to the point where the expected prize is over $1 billion. I'm also not sure if this is a question for this site, or for Math Overflow.

If the odds of winning the US Powerball lottery jackpot are one in 292 million, and the jackpot prize is expected to be greater than than $1 billion, does this make a Powerball ticket a wise investment? (source: http://www.bbc.co.uk/news/world-us-canada-35272548)

I know there is a risk that I'll lose my investment, and also a risk that if I do win then I may have to share the jackpot with other winners. However, there are also some other, smaller prizes available.

For example: if you were to take a dollar from me on the promise that you'd give me $3 back if i guessed the result of a single, fair coin toss, then I'd probably take this offer (as the odds of me guessing correctly are one in two, yet the potential returns are threefold).