Why better to buy one ticket for multiple draws, instead of multiple tickets for the same draw - in terms of variance, skewness, kurtosis?
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When the jackpot is high, I buy the lottery for fun, as does professor paul bloom. a personal finance expert advised against lotteries, because they're tax on the stupid. BUT she said that if you insist on buying a ticket, better to spread out your tickets - never buy multiple tickets for the same draw. instead, buy one ticket for multiple draws.
why? she said that buying one ticket for multiple draws lowers your mathematical moments, like variance, skewness, kurtosis.
in addition to this comment, can you elaborate please? is this tv personality right? to what extent do these moments matter?

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