If you choose the first option, $1 million will be immediately added to your bank account, however if you choose the second option, starting from today everyday your chances of winning $1 billion increase by 0.005%. If you accept your chances will start at 0% and keep increasing.

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[–] 3 points 1 year ago

The OP mentioned in another comment that the draw is once a year

Also, it's 0.005 increase in the chance per day. If you start from zero, then 0*1.005 is still zero. Even after 100 years, still zero.

But let's assume you start from 0.005, then the next day your chance would grow to 0.005*1.005=0.005025. it'd take extremely long for the chances to be reasonable

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