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zzz2 comments on New Improved Lottery - Less Wrong
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Comments (33)
Surely one could easily replicate this "lottery" by buying path-dependent options with low exercise probability on the financial markets. People are not doing this, so this service must be less appealing than it intuitively seems.
You can't buy such an option from a vending machine in a grocery store; if you could, perhaps it would be as popular as lottery tickets.