Thread: Is Powerball Ever +EV with a high jackpot?
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Old 11-13-2007, 12:43 PM
pococurante pococurante is offline
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Default Re: Is Powerball Ever +EV with a high jackpot?
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The lottery is always -EV, due to taxes.

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And other forms of gambling aren't, because they DON'T pay taxes?

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I didn't say that.

I only meant that when you're 10 million to win and the prize is 11 million, it's still -EV. Some people see only the "omg superrare plus EV lottery" and forget about taxes.
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