Easily digestible tech news... http://www.techdirt.com/ en-us http://www.techdirt.com/images/td-88x31.gifhttp://www.techdirt.com/ Thu, 29 Mar 2012 17:00:00 PDT Michael Ho http://www.techdirt.com/articles/20100408/1323598942/dailydirt-taxes-mathematically-challenged.shtml http://www.techdirt.com/articles/20100408/1323598942/dailydirt-taxes-mathematically-challenged.shtml

There are some interesting coincidences in the history of lottery drawings. For example, in one Bulgaria lottery, the same numbers were chosen twice in the same week. Lightning actually does strike twice... [url]

If you want to see some math on expected values of lottery tickets and what the odds are for someone to win a given lottery, check out this advice from a mathematician. "If you play Powerball every day, stop playing Powerball every day." [url]

It's likely that there will be multiple winners (2.5 according to the math), but even so, the expected value of a Mega Millions ticket is greater than the cost of the ticket ($1.23). Still, the probability of zero winners is about 10%. [url]

To discover more stuff related to economics, check out what's currently floating around the StumbleUpon universe. [url]  

As always, StumbleUpon can also recommend some good Techdirt articles, too.

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