The cost of playing the PowerBall lottery just went from $1 to $2. This means that throwing your money away is now twice as expensive as it was before. It’s as if you were walking by a burning trash can and asked the hobo warming his hands over it if you could put a dollar in there, and he said “No, but you can put in two!” This doesn’t make a whole lot of sense. It is simply more cost effective for you to sit at home with a bunch of ping pong balls, pick six them at random from out of a hat, and then flush a buck down the toilet when you’re done. Continue reading