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Waltzing Along posted:Has this happened? Source? sounds like common sense, because what legal recourse would the other participants have?
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Feb 5, 2015 04:58
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Waltzing Along posted:If you have a whole office of people with copies of the tickets and the one who is holding them runs off, I am pretty sure they would have legal recourse. yeah but only one ticket wins...maybe its a lord of the tickets situation
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Feb 5, 2015 05:00
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EngineerSean posted:The idea of getting into a pool is to give you a larger chance to win a smaller pot, and that has to do with the marginal utility of money. Technically if you buy 1 ticket for a $500 million jackpot or if you buy 1 share out of 100 shares of 100 tickets, your expected value is the same. In the latter scenario, you just have 100 chances to win $5 million. However, if you think that there's not going to be a ton of difference in your life if you won $5 million or $500 million (and I think that's a pretty fair assessment for most people), then you should of course take 100 chances to win $5 million rather than 1 chance to win $500 million. 
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Feb 5, 2015 05:27
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