Watch this US Powerball simulator long enough and you’ll understand. Sean and I have now been “buying” two tickets a week for 350 years for a total of 36,400 games. We’ve spent $72,750 and made $5,417, which puts our rate of return at around 7 cents a ticket. We’ve never made more than $100 on a ticket.
Insert comment about the US education system’s failure to properly teach statistics here.