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Proof the Lottery is a Tax on the Innumerate

bizaro86

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Jan 29, 2008
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I overheard a conversation in an elevator today that I thought was an amusing annecdote about how math skills are an important factor in financial success.
Man: "I bought $6 worth of lottery tickets, and I won back $4"
Woman: "Not bad"
Man: "Yeah, that`s a return of -25%
so it could be worse."

Michael
 
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