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daenerys comments on Call for Anonymous Narratives by LW Women and Question Proposals (AMA) - Less Wrong Discussion
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I might actually not want to buy one. (When no loss is involved I take the chance at a million.) I might want to buy five, or go in together with several friends on one.
(instantaneous reflex activated)
What if I gave you $500, then asked you if you wanted to spend it on the ticket?
I'd also like to know whether some unexpected expense, like needing a $500 dental crown, would change your mind about accepting the free $500 instead of the free ticket.
If you gave me $500 and then immediately alerted me to the availability of a ticket you'd probably catch me before the $500 entered the "my money" mental bin, because I'd still be a little confused about why you randomly handed me $500 and expect to have to give it back.
Risks of medium-sized unexpected expenses like that are already factored into how conservative I am about handling money on this scale, so I don't think that would have an effect.