Thread: The Lottery
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Old 03-29-2012, 01:22 PM   #14 (permalink)
D3adpool
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Join Date: Aug 2010
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Because no one can afford or get approved for a $176MM loan. I think your math is off too, its only 1:1 if you are the only person in the bidding pool, no? which is not going to be the case.

Quote:
Originally Posted by JLuke View Post
Odds of winning the lottery 1 in 176 million
Amount of jackpot 540 million, or about 350mil for cash in hand

Step 1. Go get a loan for 176 million dollars, buy one ticket for every single possible combination of numbers

Step 2. Now have a 1 in 1 chance of winning lottery

Step 3. profit


I'm a genius, why hasn't anyone thought of this before?
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