The choice is:
a) Donate $2000 to an EA charity of your choice.
b) Spend $2000 on lottery tickets with a 99.9% chance of losing[1], but an expected value of, at best, ~$2200.
Who is choosing b?
This is only factoring in the ≥$50k prizes, but I don’t think it changes the argument that much factoring in the lower prizes.
The choice is:
a) Donate $2000 to an EA charity of your choice.
b) Spend $2000 on lottery tickets with a 99.9% chance of losing[1], but an expected value of, at best, ~$2200.
Who is choosing b?
This is only factoring in the ≥$50k prizes, but I don’t think it changes the argument that much factoring in the lower prizes.