It is, if you have to pay $150 for it and your odds of making a $350 profit on that investment is 1 in 64.
The whole point is that it's a donation, with a chance to win something... but yea, if you are looking at this as a form of investment, it isn't a very good one...
The whole point is that it's a donation, with a chance to win something... but yea, if you are looking at this as a form of investment, it isn't a very good one...
well as an investment why not you can win a 150k + car thats what it goes for as of now
well as an investment why not you can win a 150k + car thats what it goes for as of now
This is probably bad way of explaining it, but:
chance of winning a car is 1 in 2000, car is worth 200k, so each ticket is kinda then worth 200k * (1/200) = $100
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