We did the math to see if it's worth buying a Mega Millions lottery ticket

The Mega Millions jackpot is at $458 million as of Tuesday morning. The low probability of winning and the risk of splitting the prize in a big, highly covered game mean you'd probably lose money. When trying to evaluate the outcome of a risky, probabilistic event like the lottery, one of the first things to look at is expected value.

from Yahoo Finance https://ift.tt/2Gl7vvh