bgrah449 comments on Winning the Unwinnable - Less Wrong
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Comments (51)
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.
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.