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re: How to win the lottery, according to a Romanian-born mathematician who won 14 times

Posted on 7/13/23 at 6:47 pm to
Posted by deltaland
Member since Mar 2011
90945 posts
Posted on 7/13/23 at 6:47 pm to
quote:

The odds in MegaMillions are 1 in 302,575,350, meaning you need roughly a $1b payout for it to pay off.


2 dollar per play means it would cost 605 million to purchase all combinations. With lump sum payout and taxes it would need to be almost 2bn

Also who is going to check all the tickets for the countless small prize winnings?

It’s not feasible with the powerball or mega millions. If jackpot gets that high it’s unlikely you’re the only winner. I can see it working on the smaller state lotteries though because they rarely have two winners. It’s still a gamble though to profit on it
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