- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: PowerBall just short of $ 1 billion, Mega Millions at $20 million
Posted on 3/29/24 at 2:06 pm to chinhoyang
Posted on 3/29/24 at 2:06 pm to chinhoyang
quote:
An 85% chance of winning $240.0m has a value of $204.00 m. You might not be able to sell your chance for $200m, but you could probably get close.
But the big point was that you could sell your 85% chance of $240m for a lot more than $5.0 million.
Someone understands risk/decision models and expected values.
0
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News