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MoneyLife Radio “Investment” of the Week: Mega Millions Lottery Ticket

AAII Journal Editor Charles Rotblut spoke to Chuck Jaffe about why there is an argument to be made for buying a single Mega Millions lottery ticket. Charles explained how the expected value of a ticket is now above its $2 cost and why the eventual winner should opt for the cash option. MoneyLife is a daily personal finance show that sorts through the financial clutter to bring you the information you need to lead the MoneyLife.

Audio url: Buy of the week

 

 

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