Some quick back of the envelope calculations suggests that powerball becomes positive estimated value at about 650mil for jackpot or above (though if we want to discount for taxes, lump sum etc, high than that) but obviously that EV is massively weighted towards one very very very rare event
I've got no qualms with folks who can afford it playing the big jackpots from time to time, especially because the money coming in is typically earmarked for positive social programs.
>because the money coming in is typically earmarked for positive social programs
Ostensibly it's "earmarked" ... but by supposed earmarking, legislatures think they can otherwise defund said "positive social programs" from the general budget
