My wife is driving me nuts. Help me!
My wife likes to spend our money (my paycheck), in part on lottery tickets. In Canada we have two major lotteries, 6/49 and lotto 7. I am going by memory, from when I figured the odds to winning a long time ago, to be roughly as follows:
6/49 = 1/12,800,040
Lotto 7 = 1/60,000,040 (I don't remember this one as well, and could be significantly off, but it doesn't matter to my question).
Notice that I attached a 40 to the end of both of the odds.
My wife will spend up to $40.00 per lottery, thinking it significantly increases the odds of winning.
How can I make her understand that 1/12,800,000 odds of winning, instead of 1/12,800,040 odds or
1/60,000,000 odds of winning, instead of 1/60,000,040 odds
does not warrant spending $40.00, instead of just $1.00 each time?
One Psychiatrist's Definition of Insanity: Knowing what one should do and doing differently