The Expected Value of Lotto when not all Numbers are Equals.
The expected value of a lotto ticket depends on the particular numbers selected on the payslip. This is because the individual prizes are not fixed in advance; instead, a prize pool is divided between all the players with winning tickets. This means that if you choose a populare set of numbers, your share of the prize will be low, should yoy win. In this paper, I posit a group of "rational" players, who choose their numbers randomly but specifically avoid the superstitious numbers.