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this post was submitted on 09 Apr 2024
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The most important thing about having a lot of money it's knowing how money works, that's why what easy comes easy goes.
Uh huh. I guess that's why most people who inherited their parent's money are all living on the street now.
“I’m just so happy that finally Oregon won the big jackpot because it’s always on the East Coast,” Musser said. “Now that Oregon won it ... there’s more hope for Oregon. Maybe we’ll win it again.”
I wonder if there's any truth to this or it's just confirmation bias on her part. It says just before that the largest Powerball jackpot ever was won in California...
Yeah, I feel like most of the jackpots have been in CA. I know at least two of the billion dollar ones were in CA.
You would except 10% of the winners to be from California, all else being equal.
There is no truth to this. A win in Oregon does not increase or decrease the chances of a future win in Oregon. The probabilities are fully independent of one another. There is no plausible means by which the probability of a future drawing selecting a ticket held in a particular state is affected by the residences of previous winning ticket holders.
The idea that "X just won, therefore X is on a roll and will continue to win" and "X hasn't won in a long time, therefore X is overdue for a win and should win in the near future" are both examples of the Gambler's Fallacy.
Parents normally should educate their children, what unfournetly goes dramatically decreasing.