How to resolve "lottery paradox"?

Question

How to resolve "lottery paradox"?

Answer 1

The paradox only holds up when you are talking in absolutes...

The paradox says you can't say ticket number 213 will win and you can't say that about any ticket.

The reality to universe is that it is fuzzy and we use probability to feel the edges. So in reality we would say that ticket 213 has x probability of winning. This is different from saying whether it would win or lose absolutely.

The second phase would then be to move onto expected value. Using expected value we can then determine whether buying a ticket is truely rational or not from a monetary point of view.

We can further complicate the equation by bringing the utility of gambling but the point is that the question is flawed and shows what happens to academics who spend too much of their lives inside a small room trying to be clever.