View Single Post
Old 01-13-2016, 05:39 PM   #230
#-3
#1 Goaltender
 
Join Date: Mar 2008
Exp:
Default

Quote:
Originally Posted by Leondros View Post
Interesting article on buying all 292 million combinations of the tickets:

http://www.theatlantic.com/business/...ations/423930/

Would be worth doing if powerball got up to $3B.

Issues include:

- Logistics of getting each combination
- Logistics of checking and signing each ticket
- Risk of not getting the full lotto amount (splitting)
They did mention it but kind of glossed over it. Buying ever combination, you would single handedly raise that jackpot by about $175M.

By my math, a 3 way split would be pretty much break even, because of your own contribution. And a 4 way split would loss you around $165M.
#-3 is offline   Reply With Quote