the hedonic value of plunking $10 down on a $1.6 billion Mega Millions jackpot, for many people who are reasonably well-off and, you know, Money Stuff readers, is far greater than $10, and you should do it when the chance arises. (E.g., yesterday.) This is neither investing nor hedonic advice, but live a little! Ten bucks won’t even get you into a movie, and isn’t this more fun to think about?
Lending Money to Bet on Default - Bloomberg
You could mash all 5 of my tickets together and still only hit 1 number. It was authentically fun, though, to stand in line and joke with Gate regulars (a diverse crowd of construction worker dudes and lobbyist jerks-in-suits and a woman who looked e x a c t l y like Ellen Pao) for 8 or 10 minutes, though.(Also the Sundays’ “Here’s Where the Story Ends” came on the muzak.)