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Old 2013-06-19, 22:35   #463
kladner
 
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Around here we call it Voluntary Taxation. It is worth a few dollars now and then for the potential lightning strike of a big win.
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Old 2013-06-19, 22:54   #464
chalsall
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Quote:
Originally Posted by kladner View Post
Around here we call it Voluntary Taxation. It is worth a few dollars now and then for the potential lightning strike of a big win.
Fair enough.

Around here we call it a Tax on Those who are Bad at Math....

Edit: Not meaning to insult anyone who plays the lottery. For those who know "the house" always wins, it's fine to have a little thrill. "Two economists are walking down the road. One says to the other `Is that a hundred dollar bill just lying there?` `Of course not`, says the other economist, `or else someone would have already picked it up...`".

Last fiddled with by chalsall on 2013-06-19 at 23:03
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Old 2013-06-19, 23:02   #465
kladner
 
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Quote:
Originally Posted by chalsall View Post
Fair enough.

Around here we call it a Tax on Those who are Bad at Math....
Well, that's fairly accurate, too, if taken very far.
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Old 2013-06-19, 23:53   #466
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There are times, of course, when the math says you should buy a ticket. See also Pascal's wager.

My father would always say that the lottery is a tax on people who are bad at math, to which I would respond that there are three kinds of people in the world--those who are good at math and those who aren't.
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Old 2013-06-19, 23:56   #467
chalsall
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Quote:
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There are times, of course, when the math says you should buy a ticket. See also Pascal's wager.
Ah... But which god?
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Old 2013-06-20, 00:03   #468
chappy
 
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the god of the amount of money to be won is more than the odds over cost of buying a ticket.

Pascal's wager was merely a flawed implementation of his good math on gambling.
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Old 2013-06-20, 00:13   #469
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Quote:
Originally Posted by chalsall View Post
Ah... But which god?
Atheism for pantheists.
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Old 2013-06-20, 12:58   #470
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Didn't Pascal lose his wager?
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Old 2013-06-20, 13:11   #471
kladner
 
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Quote:
Originally Posted by davar55 View Post
Didn't Pascal lose his wager?
¿Quién sabe? I haven't heard that he has reported back.
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Old 2013-06-20, 14:25   #472
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This will be moderatly less funny the next time Mike logs in.
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Old 2013-06-20, 16:03   #473
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Remind me, how many elephant ride the turtles, which support a world?
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