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2 points by larrydag 3663 days ago | link | parent

While a clever exercise in learning more about data mining and machine learning there is not a whole lot of mention on the chances of actually winning.

"Lottery is a tax on the innumerate" Daniel Tammet



1 point by tomaskazemekas 3661 days ago | link

From the point of view of behavioral economics, essential reason why most people pay to play lottery is not financial gain but the excitement and anticipation of results. I know people who feel good for all week when they have a lottery ticket. The price of a ticket is quite small, the disappointment of losing is also small and short and can be substituted by new excitement with a purchase of a new ticket.

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