If you want a strictly positive chance at getting a million dollars and the thrill of looking up the lottery drawings to see if you won, then you have to pay for it. People buy lottery tickets to have a fleeting, tangible hope, not just an imagined one.

If you want a strictly positive chance at getting a million dollars

You have a strictly positive chance of having a rich and unknown to you relative die and leave her fortune to you.

the thrill

Ah, that's a good point. Yes, if you want the gambling thrill, then you have to pay for it, I agree. However from the expected-loss point of view, going to a casino is much better than buying lottery tickets...

Rationality Quotes Thread March 2015

by Vaniver 1 min read2nd Mar 2015235 comments

8


Another month, another rationality quotes thread. The rules are:

  • Please post all quotes separately, so that they can be upvoted or downvoted separately. (If they are strongly related, reply to your own comments. If strongly ordered, then go ahead and post them together.)
  • Do not quote yourself.
  • Do not quote from Less Wrong itself, HPMoR, Eliezer Yudkowsky, or Robin Hanson. If you'd like to revive an old quote from one of those sources, please do so here.
  • No more than 5 quotes per person per monthly thread, please.
  • Provide sufficient information (URL, title, date, page number, etc.) to enable a reader to find the place where you read the quote, or its original source if available. Do not quote with only a name.