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JoshuaFox comments on How much to spend on a high-variance option? - Less Wrong Discussion

9 Post author: RolfAndreassen 03 January 2013 06:38PM

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Comment author: JoshuaFox 03 January 2013 07:09:44PM 15 points [-]

Don't forget taxes and declining marginal value of money.

Comment author: faul_sname 03 January 2013 09:32:58PM 8 points [-]

If you give the money to a charitable organization, the marginal value of money may decline much more slowly.

Which leads me to wonder if you can donate lottery tickets to a charity, and what the tax implications of those tickets winning would be.