If you every combination guaranteeing that you won, it would cost you 302 million ^ 2= $602 million. Assuming he odds in the article are correct.
But not only is the lump sum after taxes only worth $300 milion, there is a distinct possibility that you will have to share the prize with others who also bought the winning ticket. So maybe you get $300 million after taxes. Maybe you get $50 million after splitting with 5 other ticket holders.
Bryan Cranston just did a movie about gaming the lottery system. For all the work the real life couple put in the net profit was slim but far more than they probably made their whole life. They had 18 million losing tickets or cost of tickets in tubs in the garage.
Estimated profit was around 8 million
A measly $50 million?
Never.
Wait for the big payout and then we are talking real money.
From 2019, Jon Wertheim’s report on Jerry and Marge Selbee, a retired Michigan couple who made $26 million using “basic arithmetic” to crack the code on certain lottery games
Hambone571
1 month ago (edited)
This is a great story. This man did nothing wrong or illegal. He’s smart at math and figured out the odds. This is the same reason, similar people are banned from Vegas casinos (private businesses). Those good at math aren’t allowed to play there because they would lose money. All the, “State lottery” could do is, shut down, “this” version of lottery game. When the casinos win, OR the State wins, it’s ALL oKay…. BUT, when a person who is good at math and “plays the odds” it’s suddenly , NOT ALL OKAY…..Sad. But true.