Re: Lottery Genius
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picking calendar number increases EV but is really just less negative value. if you figure in taxes and lumpsum penalties, it is never +ev to buy any lottery ticket. there was a post a while back about the odds and value of lottery tickets.
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There are rare cases when it's +EV. When that's true, then it's profitable to buy out all the combinations. There have been some interesting documented cases of people doing this successfully.
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In this scenario, it would actually be more +EV to just buy out the non-calendar combinations. However, this would also increase your variance.
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