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Odds Are...

Consider these facts:
  • 7 out of every 10 adults purchase a lottery ticket sometime during a year
  • A person spends an average of $146 each year on lotteries (in households with incomes greater than $54,000)
  • 8% of all lottery players think their chances are better than they really are
  • 652 people were $100,000 Powerball winners in 2002
  • 51 people were struck by lightning in 2002
Question: Does this set of data dispute the common claim that ones chances of winning at the lottery are worse than being struck by lightning?

Source: Kiplinger's, 2003.