Monthly Archives: May 2015

What Are the Odds? Why Playing the Lottery Is a Mistake

A recent article by The Atlantic says that Americans spent $70 billion playing the lottery last year. Not $70 million, but $70 billion. To put that figure into perspective, consider that Americans spent more money on the lottery than they did on books, video games, movie tickets, music, and sporting events combined. It works out to an average […]

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