bgrah449 comments on Winning the Unwinnable - Less Wrong

4 Post author: JRMayne 21 January 2010 03:01AM

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Comment author: JRMayne 21 January 2010 04:37:01AM *  0 points [-]

No, you disincentivize people from buying in. They are more likely to match you; fewer buys incentivize purchases.

Edit: Clarifying, they're certain to split the pot; that's a strong disincentive. Optimally, whether buying one ticket or 40 million, you want no other tickets to be purchased for your draw if there's any meaningful carryover.

Comment author: bgrah449 21 January 2010 05:03:16AM 1 point [-]

Yes, but lots of people are being incentivized by a larger jackpot, all of whom can count on those other people also increasing the jackpot, but who are only slightly increasing the odds the jackpot is further split.