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Old 01-12-2016, 06:28 PM   #143
ken0042
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Join Date: Apr 2004
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Just to run the numbers by you guys doing the group buy.

Current cash prize is $930M. So take off 30% tax you are down to $651M. Add 40% exchange and you are back up to $911M CDN. Divide that by 27 people and you have about $33M each. While that is nothing to sneeze at, it's well within the ranges that Lotto Max and 6/49 get to. And even though you are buying more tickets, you are 10 times more likely to win Lotto Max and 20 times more likely to win 6/49.

I would also make sure you are all figuring out the contract end of this.

(I'll stop being a Debbie Downer now.)
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